8-K

 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): July 31, 2006

TOR Minerals International, Inc.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

0-17321 (Commission File Number)	74-2081929 (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))

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ITEM 2.02             RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

TOR Minerals International (NASDAQ:  TORM), producer of natural titanium dioxide pigments and specialty aluminas, today announced its financial results for the Second Quarter ended June 30, 2006.  The Company reported net income available to shareholders of $122,000, or $0.02 per fully diluted share, on net sales of $6,541,000.  This compares with net income available to shareholders of $316,000, or $0.04 per share, on net sales of $8,938,000 for the quarter ended June 30, 2005. 

During the Second Quarter, the Company continued to implement cost reduction and avoidance measures.  These actions reduced selling, administrative and general expenses by 16% and contributed to overall profitability in the quarter.

HITOX^® sales worldwide increased 15% and specialty alumina sales in Europe increased by 18% during the quarter, partially offsetting the decline in sales. The Company said that the primary contributors to the decline in revenue were the previously disclosed loss of a significant alumina customer and no third-party synthetic rutile sales.

TOR Minerals will host a conference call at 9:00 a.m. Central Time on August 1, 2006 to further discuss Second Quarter results. The call will be simultaneously Webcast, and can be accessed via the News section on the company's website at www.torminerals.com.

A copy of the press release relating to this Item 2.02 is furnished as Exhibit 99.1 to this Current Report on Form 8-K.  A copy of the press release is also available on its website at www.torminerals.com, under the News tab.

The information in this Current Report on Form 8-K, including the exhibit, is provided under Item 2.02 of Form 8-K and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. Furthermore, the information in this Current Report on Form 8-K, including the exhibit, shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933 regardless of any general incorporation language in such filings.

ITEM 9.01             FINANCIAL STATEMENTS AND EXHIBITS

(a)	Financial Statements of Businesses Acquired. Not applicable.
(b)	Pro Forma Financial Information. Not applicable.
(c)	Shell company transaction Not applicable
(d)	Exhibits. The following exhibit is furnished in accordance with the provisions of Item 601 of Regulation S-B:
	Exhibit Number Description    99.1              Press Release, dated July 31, 2006, announcing the financial results for the quarter ended June 30, 2006.

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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:  July 31, 2006	/s/ LAWRENCE W. HAAS
	Lawrence W. Haas Treasurer and CFO

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated July 31, 2006, announcing the financial results for the quarter ended June 30, 2006.

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EX-99

EXHIBIT 99.1

TOR Minerals Announces 2006 Financial Results

CORPUS CHRISTI, Texas, July 31, 2006 -- TOR Minerals International (NASDAQ:  TORM), producer of natural titanium dioxide pigments and specialty aluminas, today announced its financial results for the Second Quarter ended June 30, 2006.  The Company reported net income available to shareholders of $122,000, or $0.02 per fully diluted share, on net sales of $6,541,000.  This compares with net income available to shareholders of $316,000, or $0.04 per share, on net sales of $8,938,000 for the quarter ended June 30, 2005. 

During the Second Quarter, the Company continued to implement cost reduction and avoidance measures.  These actions reduced selling, administrative and general expenses by 16% and contributed to overall profitability in the quarter.

HITOX^® sales worldwide increased 15% and specialty alumina sales in Europe increased by 18% during the quarter, partially offsetting the decline in sales. The Company said that the primary contributors to the decline in revenue were the previously disclosed loss of a significant alumina customer and no third-party synthetic rutile sales.

“We continue to focus on rationalizing our cost structure for the current level of business and putting our company back on a growth trajectory.   Our efforts thus far allowed us to maintain modest profitability in the Second Quarter, despite the decline in revenue.  In addition, our efforts to increase sales of specialty aluminas and HITOX are showing promise, as we have been successful in gaining new customers, primarily in Europe and Asia,” said Dr. Olaf Karasch, CEO of TOR Minerals.  “During the quarter, we installed new equipment in the Corpus Christi plant, which should reduce our maintenance costs and allow us to achieve additional cost savings from our new HITOX production process. 

“For the remainder of 2006, the company’s continued profitability will be determined by our ability to increase utilization of the production facilities in Malaysia and The Netherlands,” said Dr. Karasch.  “Based on the strong value proposition of our products and the dedication of our employees, I believe we are up to the challenge and I am encouraged by the opportunities that lie ahead for the Company.”  

TOR Minerals will host a conference call at 9:00 a.m. Central Time on August 1, 2006 to further discuss Second Quarter results. The call will be simultaneously Webcast, and can be accessed via the News section on the company's website at www.torminerals.com.

Based in Corpus Christi, Texas, TOR Minerals is an international manufacturer of specialty mineral products for high performance applications with plants and regional offices located in the United States, The Netherlands and Malaysia.

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 increase, commodity price increases, delays in delivery of required equipment and other factors.

Contact for Further Information:

David Mossberg
Beacon Street Group, LLC
(817) 310-0051

Tables Follow

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TOR MINERALS INTERNATIONAL, INC.
CONSOLIDATED CONDENSED STATEMENTS OF INCOME
(in thousands, except per share amounts)
		Three Months Ended June 30,				Six Months Ended June 30,
		2006		2005		2006		2005
NET SALES	$	6,541	$	8,938	$	13,726	$	16,085
Cost of products sold		5,002		6,999		10,632		12,363
GROSS MARGIN		1,539		1,939		3,094		3,722
GROSS MARGIN %		24%		22%		23%		23%
Selling, administrative and general		1,166		1,387		2,342		2,515
OPERATING INCOME		373		552		752		1,207
OTHER INCOME (EXPENSE):
Interest expense, net		(128)		(88)		(246)		(176)
Loss on foreign currency exchange rate		(20)		(43)		(31)		(48)
INCOME BEFORE INCOME TAX		225		421		475		983
Taxes		88		90		138		197
NET INCOME	$	137	$	331	$	337	$	786
Preferred stock dividends		15		15		30		30
Income available to Common Shareholders	$	122	$	316	$	307	$	756
Earnings per common share:
Basic	$	0.02	$	0.04	$	0.04	$	0.10
Diluted	$	0.02	$	0.04	$	0.04	$	0.09
Weighted average common shares and equivalents outstanding:
Basic		7,837		7,808		7,833		7,802
Diluted (1)		7,876		8,134		7,898		8,127
(1)
168,000  common shares related to the 200,000 convertible preferred shares outstanding were excluded in the computation of diluted earnings per share as the effect would be antidilutive.

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TOR MINERALS INTERNATIONAL, INC.
CONSOLIDATED CONDENSED BALANCE SHEETS
June 30, 2006 and December 31, 2005
(in thousands)
		June 30,		December 31,
		2006		2005
		(Un-Audited)
ASSETS
Current assets	$	14,294	$	12,725
Property, plant and equipment, net		19,933		19,535
Goodwill, net		1,868		1,729
Other assets		58		46
Total Assets	$	36,153	$	34,035
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities	$	5,566	$	5,095
Long-term debt, excluding current maturities		5,723		5,460
Deferred tax liability		677		528
Total Liabilities		11,966		11,083
Shareholders' equity		24,187		22,952
Total Liabilities & Shareholders' Equity	$	36,153	$	34,035

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