Imerys’ mineral targets
Last week saw world leading industrial minerals group Imerys release its 2012 results, announcing a net income increase and growth in revenue.
It’s always instructive to see where Imerys is heading with regard to expansions and acquisitions in both minerals and markets.
The French company is making its first investment for some time in the fused alumina sector with construction of a $30m white fused alumina plant in Bahrain with Al Zayani Investments.
Product will be aimed at the abrasives and refractories markets, and no doubt the cheap energy sources of the region helped when deciding its location. Production is expected in late 2013.
Subsidiary C-E Minerals’ fused alumina plants take advantage of the hydroelectricity provided in Greeneville, Tennessee, and Puerto Ordaz, Venezuela.
In Europe, the acquisition of Goonvean’s kaolin assets in the UK has strengthened the group’s supply to speciality and ceramic markets.\In Asia, Imerys has increased production capacity of “ceramics activity” in Thailand (the group produces kaolin in the Ranong province). Ground calcium carbonate (GCC) production capacity serving the paper and packaging markets was increased in plants in Ipoh, Malaysia, and Miyagi, Japan. The Ipoh operation focusing on GCC grades for the growth in fillers in bi-axially oriented polypropylene used in personal care products.
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Last week saw world leading industrial minerals group Imerys release its 2012 results, announcing a net income increase and growth in revenue.
It’s always instructive to see where Imerys is heading with regard to expansions and acquisitions in both minerals and markets.
The French company is making its first investment for some time in the fused alumina sector with construction of a $30m white fused alumina plant in Bahrain with Al Zayani Investments.
Product will be aimed at the abrasives and refractories markets, and no doubt the cheap energy sources of the region helped when deciding its location. Production is expected in late 2013.
Subsidiary C-E Minerals’ fused alumina plants take advantage of the hydroelectricity provided in Greeneville, Tennessee, and Puerto Ordaz, Venezuela.
In Europe, the acquisition of Goonvean’s kaolin assets in the UK has strengthened the group’s supply to speciality and ceramic markets.\In Asia, Imerys has increased production capacity of “ceramics activity” in Thailand (the group produces kaolin in the Ranong province). Ground calcium carbonate (GCC) production capacity serving the paper and packaging markets was increased in plants in Ipoh, Malaysia, and Miyagi, Japan. The Ipoh operation focusing on GCC grades for the growth in fillers in bi-axially oriented polypropylene used in personal care products.
Continue reading
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