Posted by Daniel Gleason on October 3, 2022
KaMin LLC, owned by IMin Partners, has acquired BASF’s kaolin mining business, which includes four production sites and related ore, reserves and two processors in Georgia, USA.
“This acquisition will one day transform KaMin into an advanced engineering, development department and add a broad range of innovative product solutions for everyday life,” said Mike W. Nelson, President and CEO of KaMin. “The combination of these two businesses will create a global leader with significant scale, technical capabilities and talent that will deliver superior value to our customers, distributors and brand owners around the world.
“We are delighted to welcome approximately 440 new employees to the Kamin Group. Their expertise will enhance our already strong organization and further differentiate us in the industrial minerals sector.”
The joint venture’s refinery catalyst operations will continue to be owned and operated by BASF’s chemical plants and are not part of the divestiture.
Kamin has more than 95 years of experience in providing performance mineral solutions across a wide range of industries, including building and construction, automotive and energy, agriculture, health and beauty, packaging and specialty and graphic paper. The company distills, manufactures and distributes its products from three US plants in Georgia – Macon, Sandersville and Rennes – and internationally at CADAM facilities in Brazil and Europe.
