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TOR Minerals International Inc. (TORM) RSS Feed

Followers
4
Posters
13
Posts (Today)
0
Posts (Total)
91
Created
02/13/08
Type
Free
Moderators



 


First Quarter Results ~ CORPUS CHRISTI, Texas, May 1 /PRNewswire-FirstCall/ -- TOR Minerals International (Nasdaq: TORM - News), producer of synthetic titanium dioxide and color pigments, specialty aluminas, and other high performance mineral fillers today announced its financial results for the first quarter ended March 31, 2008. The company reported a net loss available to common shareholders of ($604,000), or ($0.08) per diluted share, on net sales of $6,746,000 for the quarter ended March 31, 2008. This compares with net income available to common shareholders of $24,000, or $0.00 per share, on net sales of $7,153,000 for the quarter ended March 31, 2007. http://biz.yahoo.com/prnews/080501/lath089.html?.v=101

TOR Minerals International Inc.
722 Burleson Street
Corpus Christi, TX 78402

United States - Map
Phone: 361-883-5591
Fax: 361-882-6948
Web Site:http://www.torminerals.com


Europe:

TP&T B.V.
Div. of TOR Minerals International, Inc.
Burgemeester Moslaan 13
8051 CP Hattem
The Netherlands
Tel: +31 3833 88657
Fax: +31 3844 46207


Asia:

TOR Minerals Malaysia Sdn. Bhd.
4 ½ Miles, Lahat Road,
30200 Ipoh, Perak, Malaysia.
Tel: +605 322 3536
Fax: +605 322 2535


DETAILS
Index Membership: N/A
Sector: Basic Materials
Industry: Synthetics
Full Time Employees: 180


BUSINESS SUMMARY
TOR Minerals International, Inc. operates as a specialty chemical company in the United States. It manufactures and markets mineral products for use as pigments, pigment extenders, and flame retardants used in the manufacture of paints, industrial coatings, plastics, catalysts, and solid surface applications. The company's products comprise HITOX, a light buff-colored titanium dioxide pigment, used primarily in paints, coatings, plastics, papers, and other products; ALUPREM products, which are used for color critical applications as fillers and flame retardants; SYNTHETIC RUTILE, used as a feed stock for white TiO2 and as a component in welding rod flux; BARTEX, an inert extender pigment, used in coatings; and HALTEX, which is used in technical applications, including electrical wire and cable insulation, thermoset SMC/BMC molding compounds, thermoplastic profiles, PVC and rubber products, and specialty coatings, as well as adhesives and sealants. TOR Minerals International sells its products through direct sales representatives, and independent distributors and agents internationally. The company was founded in 1973 and is headquartered in Corpus Christi, Texas.


KEY EXECUTIVES


Dr. Olaf Karasch , 51
Chief Exec. Officer, Pres, Director and Member of Exec. Committee

Mr. Mark J. Schomp , 48
Exec. VP

Ms. Barbara Russell , 55
Controller

Mr. Hee Chew Lee , 52
VP of Asian Operations

Mr. Steven H. Parker , 57
Chief Financial Officer, Principal Accounting Officer and Treasurer


Primary SIC — Industry Classification
2810 - Industrial Inorganic Chemicals
State Of Incorporation
DE
Jurisdiction Of Incorporation
USA
Company Officers
Steven H. Parker, CFO
Richard L. Bowers, President, CEO
Elizabeth K. Morgan, Secretary

SEC Reporting Status
SEC Reporting Company

CIK
0000842295

Fiscal Year End
12/31
Estimated Market Cap
17,369,035 as of Feb 12, 2008

Outstanding Shares
7,859,292 as of Oct 31, 2007

Float
6.3 mil

Number of Share Holders of Record
100 as of Mar 29, 2007

Transfer Agent
Registrar and Transfer Co.,
10 Commerce Dr.
P.O. Box 1010
Cranford, NJ 07016-1010


American Bulls:
http://www.americanbulls.com/StockPage.asp?CompanyTicker=TORM&MarketTicker=NASD&TYP=S
http://www.candlesticker.com/Cs05.asp






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