Atlanta, Georgia — JM Huber Corp. has sold its kaolin clay business unit to IMin Partners, a private equity capital fund, which renamed the business KaMin LLC.
The operation is based in Macon, Georgia, and supplies kaolin to industrial and paper customers worldwide. Kaolin is used in the rubber industry as an additive.
The companies didn’t disclose financial details of the sale. IMin Partners is headquartered in Fort Worth, Texas.
From Rubber & Plastics News (A Crain publication)