KaMin LLC, a global performance minerals company owned by IMin Partners, has acquired BASF’s kaolin minerals business, which includes four production sites and related mines, reserves and two processing facilities in Georgia, USA.
“This acquisition is transformative for KaMin on day one by further diversifying into highly engineered, growth segments and adding to an extensive portfolio of innovative product solutions for everyday life,” Mike W Nelson, President and Chief Executive Officer of KaMin, said. “The combination of these two businesses will create a global leader with significant scale, technical capabilities, and talent that will deliver enhanced value to our customers, distributors, and brand owners worldwide
“We are excited to welcome approximately 440 new employees to the KaMin team. Their expertise will enhance our already strong organisation and further differentiate us in the industrial minerals sector.”
The co-located refinery catalysts operations will continue to be owned and operated by BASF’s refinery catalysts business and are not part of the divestiture.
KaMin is recognised says it has more than 95 years of experience in delivering performance mineral solutions in a broad spectrum of end use markets including building and construction, automotive and catalyst, agriculture, health and beauty, packaging, and specialty and graphic paper. The company mines, produces and distributes its products from its three US plants located in Georgia – Macon, Sandersville and Wrens – and internationally through its CADAM facilities in Brazil and Europe.