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Turkey feeds Amcol’s Europe ambition

February 25, 2010 - 00:00 GMT

KEYWORDS: Amcol Minerals Madencilik , Turkey , bentonite , chromite , Bensan , Tony O’Reilly

New Turkish mine becomes ‘powerhouse’ of Amcol Minerals Europe as the bentonite mining and processing group gains security from consumer related products

AME’s relative success has been driven in the main by the progress of its most recent acquisition, a bentonite mine and processing operation in Turkey Amcol Minerals Madencilik (AMM, formerly Bensan), according to commercial director, Alan Newbold.

“Demand wise we didn’t really suffer over the last year,” Newbold said in an interview with IM, “right across the board demand was solid.”

Europe’s detergent markets were described as “strong” while the bleaching earths sales performed in a similar manner. These two markets, for which AME supplies intermediate products, remained solid owing to its strong ties to the individual consumer.

Amcol’s Turkish operation has become a significant new source of bentonite for the company. Courtesy AME“Demand for our products rose slightly last year,” explained AME’s managing director Tony O’Reilly, “people are still buying detergents and edible oils, the latter...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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