Leading speciality minerals company Minerals Technologies Inc (MTI) is set to invest in its bleaching earth plant in Uşak City, Turkey.
The investment would support the growth of MTI’s Rafinol line of products for the natural oil purification market, the company said on 20 October.
Rafinol is produced at the Uşak plant, which mines and manufactures adsorbents and bleaching earths used for the purification of renewable fuels and edible oils.
“This investment supports the strong, ongoing demand we see in the US$1.1bn global natural oil purification market,” said DJ Monagle III, group president of MTI’s Consumer & Specialities segment, which includes natural oil purification.
“Renewable fuel accounts for 12% of the total market and is its fastest-growing segment, driven by regulatory changes requiring the increased use of renewable fuels in the United States and Europe.”
New York-headquartered MTI’s natural oil purification business comprises two product lines under the Rafinol brand.
The first product line is used for the purification of biodiesel, renewable diesel and sustainable aviation fuel (SAF) and the second product line provides bleaching earths and adsorbents for the clarification of consumer oils and fats.
“Our investment in natural oil purification is one of several long-term, sustainable growth drivers for our company and in line with our continued expansion into higher-growth, consumer-oriented markets that are aligned with macro trends,” said Douglas T Dietrich, MTI’s chairman and CEO.
According to its website, MTI develops, produces and markets a range of minerals and mineral-based products and services for consumer and industrial end markets, including household and personal care, pet care, paper and packaging, food and pharmaceuticals, automotive, steel, construction, infrastructure and wastewater remediation.
