Minerals Technologies Inc (NYSE: MTX)

Minerals Technologies Inc. (MTI), a prominent player in the specialty minerals industry, is a technology-driven company that develops, produces, and markets a broad range of mineral and mineral-based products, related systems, and services. With a strong global presence, MTI serves various consumer and industrial markets, including household and personal care, paper and packaging, food and pharmaceutical, automotive, construction, steel and foundry, environmental, and infrastructure.

MTI's primary business activities revolve around the production and sale of mineral-based products, such as functional additives, precipitated calcium carbonate (PCC), ground calcium carbonate (GCC), and other specialty minerals. These products find applications in diverse sectors, including paper coating, packaging, construction, and personal care. The company's operations are divided into two reportable business segments: Consumer & Specialties and Engineered Solutions.

The Consumer & Specialties segment focuses on delivering technologically enhanced products to various consumer-driven end markets. This segment includes two product lines: Household & Personal Care and Specialty Additives. The Household & Personal Care product line caters to a variety of consumer-oriented markets, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural. The core technology used in this product line is Functional Additives, which involves the use of unique minerals and additives to enhance product functionality.

The Specialty Additives product line delivers mineral additives to a range of consumer and industrial end markets, including paper and packaging, food and pharmaceutical, sealants and adhesives, paints and coatings, and plastics. The core technology used here is Crystal Engineering, which involves proprietary processes to synthesize crystal type, size, and morphology to achieve specific functionality.

On the other hand, the Engineered Solutions segment provides advanced process technologies and solutions designed to improve customers' manufacturing processes and projects. This segment includes two product lines: High-Temperature Technologies and Environmental & Infrastructure. The High-Temperature Technologies product line delivers mineral-based blends, technologies, and systems to the foundry, steel, glass, aluminum, and other high-temperature processing industries. The Environmental & Infrastructure product line provides environmental, construction, and remediation solutions.

MTI holds a strong position within the industry, thanks to its proprietary technologies, global presence, and extensive research and development capabilities. The company's primary competitors include Imerys, Minerals Technologies Inc., and Ashland Inc., all of which operate in similar markets and offer comparable products and technologies.

MTI's customers span various industries, including paper and packaging, food and pharmaceutical, automotive, construction, steel and foundry, environmental, and infrastructure. Prominent clients include Procter & Gamble, Kimberly-Clark, and 3M.

In terms of brand names and trade names, MTI's portfolio includes Functional Additives, Crystal Engineering, Engineered Blends, and technologies under the Environmental & Infrastructure product line. However, specific product names have not been mentioned in the provided document.