-----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, TNoj4nlsWvRCmUh9USb0vycBYYhMGqjO+dhWqwX+PBqHX6QBpGw+UDMhn8TuvD4a HiM8MzHJJEDG1KWXjJIBgg== 0000891014-05-000212.txt : 20051005 0000891014-05-000212.hdr.sgml : 20051005 20051005162009 ACCESSION NUMBER: 0000891014-05-000212 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051004 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051005 DATE AS OF CHANGE: 20051005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MINERALS TECHNOLOGIES INC CENTRAL INDEX KEY: 0000891014 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 251190717 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11430 FILM NUMBER: 051125113 BUSINESS ADDRESS: STREET 1: 405 LEXINGTON AVENUE STREET 2: 20TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 BUSINESS PHONE: 212-878-1800 MAIL ADDRESS: STREET 1: THE CHRYSLER BUILDING STREET 2: 405 LEXINGTON AVENUE, 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174-1901 8-K 1 form8k-smipriceincrease.htm CURRENT REPORT

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): October 4, 2005

MINERALS TECHNOLOGIES INC.

(Exact name of registrant as specified in its charter)

Delaware

   

1-3295

   

25-1190717

(State or other jurisdiction
of incorporation)

 

(Commission File
Number)

 

(IRS Employer
Identification No.)

405 Lexington Avenue, New York, NY

                

10174-0002

(Address of principal executive offices)

 

(Zip Code)

(212) 878-1800

(Registrant's telephone number, including area code)

 

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.

 

[ ]

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 8.01

 

Other Events.

             

 

On October 4, 2005, Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies Inc., issued a press release implementing price increases and energy surcharges. A copy of the press release is attached as Exhibit 99.1.

     

Item 9.01

 

Financial Statements and Exhibits.

   

(c)

Exhibits

   

99.1

Press Release dated October 4, 2005



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2


 

 

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.

 

 

                                          

                                         

MINERALS TECHNOLOGIES INC.

 

 

(Registrant)

 

 

 

 

 

 

 

 

   

By:

/s/ Kirk G. Forrest

 

 

 

Name: Kirk G. Forrest

 

 

 

Title: Secretary

  

 

 

 

Date:  October 5, 2005

 

 

 

 

 

 

 

 

 

3


 

 

MINERALS TECHNOLOGIES INC.

EXHIBIT INDEX

 

Exhibit No.

     

Subject Matter                                                       

 

     

 

99.1

     

Press Release dated October 4, 2005

     

 

 

 

 

 

 

 

 

 

 

 

4

EX-99.1 2 ex99_smipriceincrease.htm PRESS RELEASE

 

   

EXHIBIT 99.1

 

   

News

For Immediate Release
October 4, 2005

Contact:

Rick B. Honey
(212) 878-1831

 

SPECIALTY MINERALS INC. IMPLEMENTS
PRICE INCREASES AND ENERGY SURCHARGES

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NEW YORK, October 4-- Specialty Minerals Inc. (SMI), a wholly owned subsidiary of Minerals Technologies Inc. (NYSE: MTX), announced today that it has raised prices in a number of product lines and instituted energy surcharges to mitigate the effects of increasing costs of raw materials and rising oil and natural gas prices.

      Effective September 1, 2005, SMI raised prices on ground calcium carbonate, lime, specialty precipitated calcium carbonate, talc, barite and mica. These increases, ranging from 5 percent to 15 percent, were applied to products manufactured at the company's domestic Processed Minerals and Specialty PCC manufacturing facilities.

      SMI also announced that, effective September 26, 2005, it would add energy surcharges based upon fluctuations in accepted indices of the price of oil and natural gas. These temporary surcharges currently range between 2 percent to 8 percent.

      In addition to price increases, Specialty Minerals has implemented a program to eliminate delivered pricing arrangements. Recent changes in freight industry regulations, coupled with other increases in freight costs, which include but are not limited to fuel surcharges, have forced Specialty Minerals to reconsider delivered pricing.

      MTI is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services for the paper, steel, polymer and other manufacturing industries. The company reported sales of $923.7 million in 2004.

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        This press release contains some forward-looking statements, which describe or are based on the company's current expectations. Actual results may differ materially from these expectations. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this document should be evaluated together with the many uncertainties that affect our businesses, particularly those mentioned in the cautionary statements of our 2004 Annual Report on Form 10-K and in our other reports filed with the Securities and Exchange Commission.

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For further information about Minerals Technologies Inc. look on the internet at http://www.mineralstech.com/

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