BASF, Applied Minerals Collaborate on Halloysite Clay Products

A major producer of halloysite clay and advanced natural iron oxides, Applied Minerals Inc., and German firm BASF entered into an agreement to collaborate on the developing and marketing of halloysite clay-based products within certain global markets, a BASF press release announced Wednesday.

“Applied Minerals’ knowledge and experience with halloysite clay and BASF’s innovation, processing capability, and market reach creates a truly synergistic partnership,” said Dr. Shane Porzio, vice president of BASF’s Kaolin business. “Our customers will benefit by having access to a broader portfolio that includes halloysite clay, a high-performance mineral additive, and our line of high-quality kaolin-based pigments and functional extenders.”

Under the terms of the deal, New York City-based Applied Minerals will supply BASF with halloysite clay that will be co-branded and sold by the German firm to its key markets like paints and coatings, adhesives, paper, and ceramic honeycomb catalytic substrates.

The companies also entered into a toll agreement for BASF to provide specialized toll manufacturing to compliment the New York firm’s halloysite clay production capabilities.

“Applied Minerals’ halloysite clay offers a wide array of functionality to applications and markets in which BASF is a proven global leader. Our deep knowledge of the unique properties of halloysite clay, combined with BASF’s expertise and reach, will promote product development and market penetration while providing customers access to our combined solutions.”

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