Ciner Encouraged by Rebound in Demand

Ciner Resources Corp of Atlanta, GA has reported a third quarter 2020 net income of US$5.4 million on net sales of US$98.2 million compared with a net income of US$29.9 million on net sales of US$137.2 million in the same period of 2019. Oguz Erkan, Ciner’s CEO, said, “The third quarter marked an encouraging rebound...

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Imerys Reports Slow, but Continuous Recovery

Imerys SA of France has reported a net income of €39 million (US$43 million) for the third quarter of 2020, 39.1% lower than in the corresponding period of 2019, on revenue 15.7% lower at €912 million (US$1.02 billion). For the first nine months of 2019, the company generated a net income of €95 million (US$105.6...

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Livent and Pallinghurst to Acquire Nemaska Lithium

Livent Corp of Philadelphia, PA has announced its participation in the consortium that was granted court approval to acquire the business and certain assets of Nemaska Lithium Inc of Quebec City, QC. Livent says it has agreed to invest in New Nemaska via a joint venture with The Pallinghurst Group. Both companies will equally own...

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Minerals Technologies Sees Improvement in Markets

Minerals Technologies Inc (MTI) of New York, NY has reported 2020 consolidated third quarter net income of US$29.3 million on worldwide sales of US$388.3 million versus net income of US$39.1 million on net sales of US$449.3 million in the same period of 2019. Doug Dietrich, MTI’s CEO, said, “During the third quarter, we saw a...

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Aggregates Suppliers Report Lower Volume, Higher Unit Price

Martin Marietta Materials Inc of Raleigh, NC has reported third quarter net earnings of US$294.4 million on consolidated net sales of US$1.32 billion in the third quarter of 2020 compared with earnings of US$248.6 million on net sales of US$1.42 billion in the same period of 2019. The company’s Aggregates business generated third quarter net...

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