Operator
Good day, everyone, and welcome to the Fourth Quarter of 2020 Minerals Technologies Earnings Call. Today s call is being recorded.
At this time, I would like to turn the call over to Mr. Erik Aldag, Head of Investor Relations for Minerals Technologies. Please go ahead, Mr. Aldag.
Erik Aldag
Head of Investor Relations
Thank you, Kiara. Good morning, everyone, and welcome to our fourth quarter 2020 Earnings Conference Call. Today s call will be led by Chief Executive Officer, Doug Dietrich and Chief Financial Officer, Matt Garth. Following Doug and Matt s prepared remarks we will open it up to questions.
I d like to remind you that beginning on Page 14 of our 2019 10-K, we lists the various risk factors and conditions that may affect our future results. And I ll also point out the Safe Harbor disclaimer on this slide. Statements related to future performance by members of our team are subject to these limitations, cautionary remarks and conditions.
Minerals Technologies Announces Price Increase for Specialty Minerals Products in U.S.
January 14, 2021 16:30 ET | Source: Minerals Technologies Inc. Minerals Technologies Inc. New York, New York, UNITED STATES
NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) Specialty Minerals Inc. (SMI), a subsidiary of Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”), has communicated to customers that it has increased prices across its mineral product portfolio, effective January 1, 2021. Price increases range from 3 to 10%, subject to individual customer contracts and terms. The price increases help to offset rising costs and will support SMI’s continued investments in mining, processing operations, and new product technology.