Industrial Minerals


AMCOL Q4 profit drops 34%

29 January 2010

by Mark Watts

World’s largest bentonite producer reports weaker Q4 and annual profits

Keywords: AMCOL, bentonite, oil services

AMCOL International Corp., the world’s biggest bentonite producer, reported a 34% drop in Q4 operating profits to $10.3m. saying the oilfield services sector and some US end-markets remained depressed.

 

Net sales dropped 14% compared...