Covia Focuses on Expanding Industrial Business, Reports Loss

Covia Corp of Independence, OH, the combination of Unimin Corp and Fairmount Santrol Holdings Inc, has announced a net loss from continuing operations of US$288.8 million for the third quarter ended September 30, 2018. The company’s revenues declined 17%, to US$523.4 million and volume shipments declined 15% to 8.2 million tons. Jenniffer Deckard, Fairmount’s CEO, […]

MTI Raises Prices to Offset Inflation

Minerals Technologies Inc (MTI) of New York, NY has reported 2018 consolidated third quarter net income of US$41.9 million on worldwide sales of US$464.1 million versus net income of US$41.7 million on net sales of US$424.4 million in the same period of 2017. Doug Dietrich, MTI’s CEO, said, “We had a solid third quarter, executing […]