Resumen de Cracks on the surface?
In October private equity group Advent International Corp. finalised its acquisition of Mondo Minerals, which produces around 800,000 tpa talc, from HgCapital for an undisclosed amount. Talc de Luzenac also changed hands in 2011, acquired by France-based Imerys from Rio Tinto for $340m, transferring to Imerys 15% of the world's talc production capacity it held before. The acquisition complemented Imery's existing calcium carbonate and kaolin supply to the paper, paint and plastics and technical ceramicc industries.
India accounts for 22% of global wollastonite production from two companies - Wolkem India Ltd and Galaxy Corp. According to Wolkem, the wollastonite market in India is growing at a rate of 10% per year, driven by the ceramics, building material, friction and polymer industries. Galaxy Corp. supplies India's domestic ceramics markets, with its products also used in paints and plastics. The company produces approximately 10,000 tpa wollastonite from its mine in Rajasthan, in Northern India.
The Goonvean acquisition strengthens Imerys' reserves of speciality products mainly in performance minerals and ceramics markets. It also further improves the sustainability of Imerys operations in the region, the company told IM. Production from Devon will be controlled by Belgian producer Sibelco, while Imerys will control kaolin production from Cornwall.
