Mondo Minerals, nowadays part of

Elementis Elementis plc is one of the UK's largest speciality chemicals and personal care businesses, with extensive operations in the United States, Europe and Asia. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It ...

, is a leading globally active producer of

talc Talc, or talcum, is a Clay minerals, clay mineral, composed of hydrated magnesium silicate with the chemical formula Mg3Si4O10(OH)2. Talc in powdered form, often combined with corn starch, is used as baby powder. This mineral is used as a thi ...

products. Its main brands are Finntalc, Plustalc and Microtalc. The company develops and markets specialized products for paints and coatings, plastics, cordierite ceramics,

consumables Consumables (also known as consumable goods, non-durable goods, or soft goods) are goods that are intended to be consumed. People have, for example, always consumed food and water. Consumables are in contrast to durable goods. Disposable produc ...

, pharmaceutical and paper applications. In July 2011 Mondo Minerals has become a subsidiary of

Advent International Advent International is a global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core ...

. In October 2018,

, a global specialty chemicals company, acquired Mondo Minerals from Advent International.

History

A process for separating magnesite from talc in talc ore was developed in

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

in the 1960s; the company Suomen Talkki Oy was founded in 1967 to commercialise this invention. Following several production expansions and developments such as rotogravure paper coating talc, Mondo Minerals was established as a joint venture between Omya AG and Western Mining Ltd in 1998. This joint venture included the former Finnminerals Oy, Westmin BV Amsterdam and the talc business of Norwegian Talc AS. Ownership of Mondo Minerals was transferred to Omya AG in 2001. In 2007, Mondo Minerals was acquired by Hg Capital. The company received patents for highly delaminated talc and for talc use in beverage filtration the following year. Recent developments include the first commercial paint talc slurry production, the introduction of compacted talc for the

plastics industry The plastics industry manufactures polymer materials—commonly called plastics—and offers services in plastics important to a range of industries, including packaging, building and construction, electronics, aerospace, and transportation. It is ...

, the launch of talc for pharmaceuticals, and a patented exfoliant in personal care formulations. In July 2011, Mondo Minerals has been acquired by

. In October 2018, Elementis, a global specialty chemicals company, has closed the acquisition of Mondo Minerals from Advent International.

Operation

Mondo Minerals owns talc mines in

Sotkamo Sotkamo is a municipality of Finland, located in the Kainuu region about east of Kajaani, the capital of Kainuu. Vuokatti, in west of Sotkamo, is the most populous village in the municipality and also a popular skiing resort. Both Hiidenportti Na ...

and in Vuonos in central Finland. The company’s headquarters is located in Amsterdam, Netherlands. Further part of the Mondo group are Mondo Minerals Deutschland GmbH, located in Germany and Mondo Trading (Beijing) Co., Ltd., located in China.

Corporate Citizenship

Mondo Minerals sponsors the

Pesäpallo Pesäpallo (; sv, boboll, both names literally meaning "nest ball", colloquially known in Finnish as pesis, also referred to as Finnish baseball) is a fast-moving bat-and-ball sport that is often referred to as the national sport of Finland a ...

club Sotkamon Jymy, the most successful Finnish baseball team over the last two decades and home team of the company’s Sotkamo site.
http://www.superjymy.fi

References

{{Refend Mining companies of the Netherlands Mining in Finland Private equity portfolio companies