-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V5r7zS4TlxV/xV86nOpy15TbPgcNhzpGc/APg/PYZyZE04+ho78yHcwEjAhkWqfL C7maXXaBkbBf9BVZbdgHmA== 0000842295-04-000102.txt : 20041228 0000842295-04-000102.hdr.sgml : 20041228 20041228153758 ACCESSION NUMBER: 0000842295-04-000102 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041228 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20041228 DATE AS OF CHANGE: 20041228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOR MINERALS INTERNATIONAL INC CENTRAL INDEX KEY: 0000842295 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 742081929 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17321 FILM NUMBER: 041228546 BUSINESS ADDRESS: STREET 1: 722 BURLESON CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 BUSINESS PHONE: 3618825175 MAIL ADDRESS: STREET 1: 722 BURLESON CITY: CORPUS CHRISTI STATE: TX ZIP: 78402 FORMER COMPANY: FORMER CONFORMED NAME: HITOX CORPORATION OF AMERICA DATE OF NAME CHANGE: 19920703 8-K 1 x8kdec28pr.htm TOR ANNOUNCES COMPLETION OF CORPUS CHRISTI PLANT EXPANSION AND INTRODUCES NEW TIO2 PIGMENT UNITED STATES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT Pursuant

to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported):

December 28, 2004

TOR Minerals International, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

0-17321

74-2081929

(Commission File Number)

(IRS Employer Identification No.)

 

 

722 Burleson Street
Corpus Christi, Texas


78402

(Address of Principal Executive Offices)

(Zip Code)

(361) 883-5591

(Registrant's Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

___

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

___

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

___

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

___

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

ITEM 7.01 REGULATION FD DISCLOSURE

On December 28, 2004, TOR Minerals International, Inc. issued a press release announcing the completion of its Corpus Christi titanium dioxide plant expansion and the introduction of its TiO2 Product -- HITOX®-SF (SuperFine). A copy of this press release is attached hereto as Exhibit 99.1.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a)

Financial Statements of Businesses Acquired.
Not applicable.

(b)

Pro Forma Financial Information.
Not applicable.

(c)

Exhibits.
99.1 Press Release, dated December 28, 2004, announcing the completion of the Corpus Christi plant expansion and introduction of new TiO2 pigment.

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

TOR MINERALS INTERNATIONAL, INC.
_____________________
(Registrant)

 

 

 

 

Date: December 28, 2004

RICHARD BOWERS

Richard Bowers
President and CEO

Date: December 28, 2004

LAWRENCE W. HAAS

 

Lawrence W. Haas
Treasurer and CFO

 

EXHIBIT INDEX

Exhibit No.

Description

99.1

Press Release, dated December 28, 2004, announcing the completion of the Corpus Christi plant expansion and introduction of new TiO2 pigment.

EX-99 2 dec28pr.htm PRESS RELEASE, DATED DECEMBER 28, 2004 UNITED STATES

Exhibit 99.1

 

TOR MINERALS INTERNATIONAL ANNOUNCES

COMPLETION OF CORPUS CHRISTI PLANT EXPANSION AND

INTRODUCES NEW TiO2 PIGMENT

Corpus Christi, Texas December 28, 2004 -- TOR Minerals International (NASDAQ: TORM), producer of natural titanium dioxide pigments and specialty aluminas, today announced the completion of its Corpus Christi titanium dioxide plant expansion and the introduction of its new TiO2 Product -- HITOX®-SF (SuperFine).

The plant expansion will increase production of HITOX titanium dioxide pigment at Corpus Christi by 10,000 tons annually and utilize a new proprietary production process, which is expected to reduce costs and has the potential to increase the size of the market for HITOX.  "By reducing the consumption of natural gas, we anticipate that our new production process will save us on the order of $1 million per year on our current production costs alone beginning in January 2005," said Richard Bowers, President and Chief Executive Officer of TOR Minerals.

 

Mr. Bowers said, "this new production process is the key to expanding the addressable market for our TiO2 pigments. HITOX-SF can be used in very thin film coatings and plastics, high gloss paints and many other products heretofore unavailable to us. We believe it will allow TOR to significantly expand sales of HITOX.  The new HITOX-SF will have greatly improved opacity, gloss and color characteristics and it has similar opacity characteristics to regular white titanium dioxide, but at a price that is both lower to our customers and produces attractive margins for TOR," continued Mr. Bowers. New HITOX-SF will be available for sale beginning in the first quarter of 2005.

Mr. Bowers added, "I am proud that our team has delivered on the commitment to get the new process up and running by the end of 2004 and I look forward to the new product offerings and improved manufacturing efficiencies contributing to operating results for all of 2005."

Based in Corpus Christi, Texas, TOR Minerals manufactures pigments in Texas, Malaysia, and the Netherlands which are marketed worldwide.

This statement provides forward-looking information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, general economic conditions, including the risks of a general business slow down or recession, the increasing cost of energy, raw materials and labor, competition, advances in technology, changes in foreign currency rates, freight price increases, commodity price increases, delays in delivery of requirement equipment and other factors.

Contact for Further Information:

David Mossberg

Beacon Street Group Investor Relations

(817) 459-2346

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