Refractories segment boosts Minerals Technologies’ results

By Alex Feytis
Published: Monday, 06 February 2012

Q4 earnings up 24%; MTI back to pre-recession performance levels, says CEO

Minerals Technologies Inc. (MTI) recorded a 24% year-on-year increase in its fourth quarter earnings thanks to higher operating income in the Refractories segment, the US minerals producer said.

MTI’s operating income for the full year 2011, excluding special items, was $100.8m compared to $99.1m in 2010, while worldwide sales increased...

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