Resumen de MTI records double-digit growth in 2017 on strong refractories markets
The US company reported an increased turnover and strong mineral sales, which led to a 45% profit increase last year.US refractories producer Minerals Technologies Inc. (MTI) posted double-digit net income growth in 2017, following a positive final quarter and buoyant end markets, such as refractories. Basic minerals sales increased 20%, driven primarily by higher sales of bulk chromite and drilling products, and building materials sales increased 6%.In specialty minerals, total sales dropped 1% to $584.8 million, mainly due to lower PCC turnover on the back of a segment decline in North America, which offset growth in Asia and Europe.
