Cimbar Performance Minerals Completes Acquisition of Tor Minerals North American Assets and Barite and Alumina Trihydrate Business

May 03 2021

CIMBAR Performance Minerals, Inc., a division of United Minerals and Properties, Inc., announced it has completed its acquisition of the U.S. Barite and Alumina Trihydrate manufacturing assets and business of TOR Minerals.

“With this acquisition complete, CIMBAR has delivered on a key component of our growth strategy.
The TOR manufacturing site broadens our portfolio and will further support our primary goal of
providing products to our customers from multiple locations, thus offering superior product security,
availability, and business continuity. I am delighted to officially welcome all of the employees and
associates of TOR Minerals to CIMBAR and look forward to the growth we can achieve as one
company,” said Albert Wilson, President and CEO of CPM.

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