Imerys SA is investing heavily in Brazil, it said in its H1 2012 results released today, by acquiring one company and planning to build a processing plant.
The company has refocused its attention on kaolin markets with the acquisition of Brazil’s Itatex.
This is a “family firm specialised in processing and marketing industrial minerals (particularly kaolin). Itatex employs 115 people in a production site in Campinas".
“Through this acquisition, the group is stepping up its presence in Brazil and developing its range for the paint, polymer and rubber sectors, for which local demand is growing sharply,” it said.