Minerals Technologies Buys PCC Facility from Rhodia

Specialty Minerals Lifford, an affiliate of Minerals Technologies Inc., has purchased a precipitated calcium carbonate (PCC) business in Kings Norton, England from Rhodia Limited, a subsidiary of Rhodia. According to a statement from Minerals Technologies, the sale price was approximately $33 million. The facility's 1997 sales were around $18 million.

The PCC operation in Kings Norton will allow Minerals Technologies to establish a base for its specialty PCC business in Europe. The company's specialty PCC products are used in food and pharmaceutical applications use, as well as in plastics, sealants and coatings, and paper. MTI will continue to supply PCC to Rhodia, a leading specialty chemical company.

Minerals Technologies Inc. is a resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based and synthetic mineral products for the paper, steel, polymer and other manufacturing industries.

Edited by Beth Brindle