Imerys
Imerys (Euronext: NK) is a French multinational company. It is a constituent of the CAC Mid 60 index. It specialises in mining and industrial minerals.
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[edit] History
The Company was founded in 1880 and for many years was known as Imetal.[1] It was founded by the Rothschild family, combining a few of their many subsidiaries in the metals and mining industries.[2]
In 1999 Imetal took over English China Clays plc, a UK producer of kaolin, and then changed its name to Imerys.[1]
In 2005, Imerys acquired from Alleghany Corp. the U.S. company World Minerals Inc., a leading producer of diatomaceous earth and perlite.[3]
[edit] Operations
The company specialises in the mining and distribution of industrial minerals and is one of the world's leading producers of:
- Kaolin for paper making and ceramics;
- Diatomaceous earth for abrasives and beer filtration;
- Graphite for batteries;
- Calcium carbonate for applications in construction, polymers, composites and cultured marble.
[edit] Eco-town
Amongst its other activities, Imerys is bidding to develop one of the ten eco-towns proposed for construction in England. Planned for the site of former china clay mines in Cornwall, the project has the provisional title Imerys China Clay Community.
[edit] Locations
Headquartered in Paris, it employs 16,000 people of whom 4,000 are based in France.
The company's North American Operations are headquartered in Roswell, Georgia USA.
[edit] References
- ^ a b Imerys: History
- ^ Return of the Rothschilds: the great banking dynasty through two turbulent centuries, I.B.Tauris, 1995, Herbert R. Lottman, page 299
- ^ SEC Info - Alleghany Corp/DE - 8-K - For 7/14/05
[edit] External links
- Imerys website
- Imerys Oilfield Minerals
- World Minerals Inc. website
- Imerys Performance Minerals website
- Imerys Nonwovens website
- Imerys Pigments for Paper website
- Euronext: NK Imerys
- Google Finance: Imerys
