Minerals Technologies wins tussle over Amcol


US firm Minerals Technologies (MTI) has outbid European rival Imerys to acquire polymer and speciality minerals supplier Amcol for $1.7 billion (£1 billion).

The deal overturns an agreed merger between Imerys and Amcol, forcing Amcol to pay Imerys a termination fee of $39 million.

All three companies produce mineral-derived materials for industrial applications, such as clays, abrasives, pigments, fillers and binders. In a statement, MTI claimed that the deal would ‘bring together the global leaders in precipitated calcium carbonate and bentonite, creating an even more robust US-based international minerals supplier’.


Related Content

Microbial miners

24 October 2014 Premium contentFeature

news image

Jon Evans discovers the microbes hard at work on our behalf, extracting valuable metals from low-grade ore

Curiosity's mission to Mars with x-ray vision

13 March 2013 Jobs Profile (Company)

news image

As Nasa’s Curiosity rover roams the red planet, Nicola Davis talks to the scientists whose laboratory is a million miles aw...

Most Read

Agatha Christie, the queen of crime chemistry

28 August 2015 Feature

news image

Kathryn Harkup looks at how Agatha Christie used her chemical training in her detective novels

Simple chemistry saving thousands of gold miners from mercury poisoning

25 August 2015 News and Analysis

news image

Basic apparatus is cutting mercury pollution and helping Indonesian miners go for gold

Most Commented

A risky business

28 August 2015 In the Pipeline

news image

Graduate research is likely the most risky time of a chemist’s career, says Derek Lowe

Exploiting the data mine

13 August 2015 Feature

news image

Chemists must embrace open data to allow us to collectively get the best out of the masses of new knowledge we unearth, repor...