Minerals Technologies

What Minerals Technologies does

Minerals Technologies Inc. (NYSE: MTX) is a global, technology-driven specialty minerals company headquartered in New York City that develops, produces, and markets mineral-based products across consumer, industrial, environmental, and infrastructure end markets. Founded in 1968, the company operates in 34 countries with approximately 4,000 employees and over 110 production locations, structured around two reporting segments: Consumer & Specialties (household and personal care products, specialty additives, and pet care including the SIVO brand) and Engineered Solutions (high-temperature technologies for foundry and steelmaking, and environmental and infrastructure solutions including PFAS remediation via FLUORO-SORB). MTI is the world's largest producer of bentonite and a leading producer of calcium carbonate, with vertically integrated operations spanning mines, processing facilities, and R&D centers in 12 countries.

The company's core technology platform rests on four proprietary capabilities — crystal engineering, functional additives, engineered blends, and particle surface modification — that underpin branded product lines such as SIVO cat litter, FLUORO-SORB PFAS adsorbent, MINTEQ refractories, Rafinol for renewable fuel purification, NewYield and ENVIROFIL PCC technologies for circular-economy applications, and SCANTROL 4.0 for refractory maintenance automation. MTI generates revenue through direct sales to industrial and commercial customers and operates 55+ satellite precipitated calcium carbonate (PCC) plants built and operated at paper mill customer sites under long-term stationery supply contracts, which creates a recurring, capital-embedded revenue base. FY2025 revenue was approximately $2.1 billion with operating income of $287 million and $150 million of free cash flow. Q1 2026 sales grew 11% year-over-year to $547 million with EPS up 21%, driven by record cat litter volumes (up 19%), 24% Environmental & Infrastructure growth, and 30% Asia volume growth since 2022. The company exited its talc business in 2023 through a Chapter 11 filing of subsidiary Barretts Minerals Inc. and has signaled continued focus on growth segments via serial bolt-on acquisitions (Sivomatic 2018, Normerica 2021).

Name

Minerals Technologies

Legal name

Minerals Technologies Inc.

Website

https://mineralstech.com

Company type

Public

Founded year

1968

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Minerals Technologies Inc. (NYSE: MTX) is a global specialty minerals company that produces bentonite, calcium carbonate, and mineral-based products for paper, consumer goods, foundry, steelmaking, and environmental remediation customers across 34 countries.

Ownership category

akta.pro rank

Product category

Specialty Minerals Manufacturing

NAICS

Other Nonmetallic Mineral Mining and Quarrying (21239), Ground or Treated Mineral and Earth Manufacturing (327992), Clay Product and Refractory Manufacturing (3271)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290)

akta.pro primary industry

Magnesite & Magnesium Minerals Mining (IMAKAGAN)

akta.pro secondary industries

Mining & Mineral Processing Facility Construction (IMAFADAE), Mine Infrastructure & Utilities EPC (Power, Water, Comms, Camps, Roads, Airstrips) (IMAKAOAB)

Keywords

• Specialty minerals manufacturing
• Precipitated calcium carbonate
• Bentonite products
• Refractory technologies
• PFAS remediation adsorbents

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Specialty Minerals Products: Sale of bentonite, calcium carbonate, and other mineral-based products including cat litter, foundry products, refractories, and specialty additives. MTI is the world's largest producer of bentonite and a leading producer of calcium carbonate.
2. Satellite Plant Operations: Long-term stationery supply contracts where MTI builds and operates satellite PCC plants at customer paper mills. MTI has 55+ satellite plants globally. Provides recurring revenue through contractual relationships with paper manufacturers.
3. Pet Care Products: Sales of bentonite-based cat litter products through brands including SIVO™ and private label. Acquired Normerica Inc. in 2021 and Sivomatic in 2018 to expand pet care platform globally.
4. Environmental Solutions: Sale of FLUORO-SORB® PFAS remediation products and environmental remediation services. Growing market opportunity driven by EPA mandates and regulatory changes.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Minerals Technologies Inc. develops, produces, and markets specialty mineral products including precipitated calcium carbonate (PCC), bentonite, refractories, functional additives, and environmental remediation products. The company operates two segments — Consumer & Specialties (household and personal care products including bentonite-based cat litter, specialty additives) and Engineered Solutions (high-temperature technologies for foundry/steelmaking and environmental/infrastructure solutions including PFAS remediation). Its vertically integrated operations span mines, production facilities, and 55+ satellite plants built and operated onsite at paper mill customer sites globally.

Product overview

Minerals Technologies Inc. (MTI) is a global specialty minerals company organized into two primary business segments: Consumer & Specialties and Engineered Solutions. The Consumer & Specialties segment encompasses mineral-to-market products and specialty additives including Household & Personal Care (cat litter, personal care products) and Specialty Additives (for pet care, edible oil purification, renewable fuels, personal care, fabric care, animal health, and agriculture). The Engineered Solutions segment provides High-Temperature Technologies (refractories, foundry solutions via MINTEQ® brand) and Environmental & Infrastructure solutions (water remediation, drilling products via CETCO® brand including FLUORO-SORB® for PFAS remediation). Key product brands include SIVO™ cat litter, American Colloid Company (ACC), Rafinol™ for renewable fuels, and Specialty Minerals PCC products. MTI operates satellite PCC plants globally and has developed proprietary technologies including NewYield® for paper waste recycling, ENVIROFIL® for minerals recycling, and SCANTROL™ 4.0 for refractory maintenance automation.

Differentiator

Problem solved

Functional benefit

Brands

• SIVO: Brand portfolio of private label and branded cat litter products
• FLUORO-SORB
• Rafinol
• Specialty Minerals
• MINTEQ
• CETCO
• Pyrogenics
• Ameri-Co
• American Colloid Company
• NewYield
• SCANTROL
• MINSCAN

Products and services

• SIVO™ Cat Litter Products Bentonite-based cat litter products offered under the SIVO™ brand portfolio and through private-label programs for retailers and pet care distributors globally; built on MTI's position as the world's largest bentonite producer.
• FLUORO-SORB® PFAS Adsorbent Proprietary NSF-certified bentonite-based adsorbent designed to capture a range of PFAS compounds from drinking water across various deployment options; sold to municipalities and water utilities under CETCO.
• Rafinol™ Natural Oil Purification Products Rafinol products for natural oil purification serving the renewable fuels and edible oils markets, addressing $1.1 billion global opportunity; manufactured at MTI's Uşak, Turkey facility.
• NewYield® PCC Technology Proprietary technology that converts paper mill pulping waste streams into functional filler pigment for PCC production, eliminating waste disposal costs and reducing raw material consumption while improving bulk, opacity, strength, and smoothness in paper.
• ENVIROFIL® PCC Production Technology Innovative minerals recycling technology for precipitated calcium carbonate production providing environmental and cost-reduction solutions for paper and packaging customers.
• SCANTROL™ 4.0 Refractory Maintenance System Automatic and continuous refractory maintenance system for Electric Arc Furnaces (EAF) with next-generation automation technology, condition monitoring, and maintenance capabilities for steel and foundry customers.
• Precipitated Calcium Carbonate (PCC) via Satellite Plants Long-term stationery supply contracts under which MTI builds and operates satellite PCC plants at paper mill customer sites; over 55 satellites globally with 3 new Asia plants in 2025 and another planned for early 2026.
• MINTEQ® Refractories MINTEQ® brand refractories and high-temperature technologies, products, services, and automation solutions (including SCANTROL) for foundry, steelmaking, and metalcasting customers.
• Bentonite-Based Industrial Products (American Colloid Company) Bentonite and bentonite-related products sold by American Colloid Company serving foundry, household and personal care, oil field drilling, and environmental markets; supplied under periodic unit pricing and price-increase programs.
• MINSCAN Technology Technology expansion initiative for paper and packaging applications contributing to $50 million in new revenue from growth investments.

Quantifiable outcome

• Q1 2026 sales of $547 million, up 11% year-over-year
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Eight partnerships are on record, tiered core.

• Leading Global Paper Company (Brazil)coreTechnology or Integration · 25 July 2023Agreement to upgrade existing PCC plant in Brazil with NewYield® LO PCC technology. First deployment in Brazil of this sustainable technology that converts paper mill waste streams into functional filler.
• Normerica Inc.coreOthers · 26 July 2021Acquisition completed in July 2021. Normerica is a leading supplier of bentonite-based cat litter products in North America with approximately $140 million in revenue in 2020. Employed around 320 people. Acquisition extends MTI's core cat litter position in North America and strengthens global pet care platform.
• Baiyun Paper (Zhumadianshi Baiyun Paper Co., LTD)coreTechnology or Integration · 19 April 2021Agreement signed April 2021 to construct a 50,000 metric ton per year satellite PCC plant at Baiyun Paper's mill in China. Represents MTI's satellite plant model where MTI builds and operates manufacturing at customer site.
• Phoenix Paper LLCcoreTechnology or Integration · 16 June 2020Agreement to rebuild and operate a 35,000 ton per year satellite PCC plant at Phoenix Paper's mill in the U.S.
• Satia Industries LimitedcoreTechnology or Integration · 21 May 2020Agreement to construct a 42,000 metric ton per year satellite PCC plant at Satia Industries' paper mill in India.
• Century Pulp & PapercoreTechnology or Integration · 8 May 2019Agreement to install and operate a 45,000 metric ton per year satellite PCC plant at Century Pulp & Paper's facility in India.
• Shouguang Meilun Paper Co., Ltd.coreTechnology or Integration · 24 July 2018Agreement to construct a 150,000 metric ton per year satellite PCC plant in China. Shouguang Meilun is a wholly owned subsidiary of Shandong Chenming Paper Holdings Ltd.
• Sivomatic Holding B.V.coreOthers · 5 April 2018Acquisition completed in 2018. Sivomatic is a leading European supplier of premium pet care products with revenue of €73 million in 2017. Acquisition extends MTI's core pet care product line into Europe.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Imerys: French-headquartered global specialty minerals producer with leading positions in bentonite, calcium carbonate, kaolin, and other industrial minerals. Closest comparable to MTI given overlapping product portfolio (PCC for paper, performance minerals, refractories) and similar mine-to-market vertical integration model.
• Compass Minerals International: Specialty minerals mining company producing salt, sulfate of potash, and magnesium chloride for industrial, agricultural, and consumer applications. Comparable to MTI's industrial minerals mining operations and specialty minerals processing.
• US Lime & Minerals: Lime and limestone producer serving construction, environmental, and industrial markets. Comparable to MTI's calcium carbonate operations and mineral mining business model serving similar end markets.

Broad incumbents

• Cabot Corporation: Global specialty chemicals and performance materials company with overlapping exposure to carbon black and specialty minerals through its Pyrogenics-equivalent business. Comparable as a broad specialty materials incumbent with diversified industrial customer base.
• Tronox Holdings: Vertically integrated producer of titanium dioxide pigments and zircon, with mine-to-market operations similar to MTI. Comparable as a specialty mineral processor serving industrial customers with proprietary technologies and global manufacturing footprint.
• Sensient Technologies: Specialty ingredients company serving food, beverage, personal care, and industrial markets. Comparable to MTI's Consumer & Specialties segment through overlapping functional additives and ingredient product lines.
• Element Solutions: Specialty chemicals company providing solutions for electronics, industrial, and consumer end markets. Comparable to MTI's specialty additives business through similar specialty chemical formulations and B2B sales model.
• Quaker Houghton: Global specialty chemicals company focused on industrial process fluids and metalworking. Comparable to MTI's high-temperature technologies and refractory products serving foundry and steelmaking customers.
• Innospec: Specialty chemicals company serving fuel additives, performance chemicals, and oilfield services markets. Comparable to MTI's specialty additives and functional mineral offerings in similar B2B industrial customer channels.
• Stepan Company: Specialty chemicals manufacturer producing surfactants, polymers, and specialty products for consumer and industrial markets. Comparable to MTI's specialty additives business serving consumer care, agricultural, and industrial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/minerals-technologies

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries14 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Minerals Technologies