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Tor Minerals International Inc  (TORM)
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    Sector  Basic Materials    Industry Chemical Manufacturing
 
 
 

Tor Minerals International Inc's Suppliers Performance

TORM's Supply Chain


 
TORM Costs vs Sales of Suppliers Growth
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Tor Minerals International Inc's Suppliers recorded increase in sales by 7.04 % year on year in Q2 2017, sequentially sales grew by 2.56 %, Tor Minerals International Inc recorded increase in cost of sales by 4.3 % year on year, compare to one quarter ago cost of sales fell by -5.39 % in Q2.

More on TORM Suppliers




Tor Minerals International Inc's Comment on Supply Chain


We utilize a variety of raw materials in the manufacturing of our products. Outlined below are the principal raw materials for TOR’s products.

ALUPREM: Alumina trihydrate, the chief raw material for ALUPREM, is manufactured throughout the world including Europe and North America. The ATH material used for chemicals, fillers and flame-retardants is produced by the Bayer alumina process. This grade of ATH accounts for approximately 95% of the total ATH produced worldwide. The Company purchases ATH from various suppliers in Europe.

BARTEX / BARYPREM: High grade barites (barium sulfate) are mined in China, India, Turkey and Mexico and are the raw materials used to produce our BARTEX and BARYPREM product lines. The average price for this grade of barites remained stable. The availability of finer grade barites in China are declining, which could lead to higher prices in the future.

HALTEX / OPTILOAD: Bayer grade aluminum hydroxide, used to produce HALTEX, is purchased from one of four suppliers located in the U.S. The average price for the Bayer grade aluminum hydroxide remained, however, the U.S. supply is expected to decrease in the coming year which could have a negative impact on our pricing structure.

HITOX / TIOPREM: Historically, SR, the primary raw material used in the production of our HITOX and TIOPREM, was manufactured at TMM. However, during the later part of 2014 and 2015, we secured two alternate sources of SR and discontinued manufacturing our own SR. As a result of this strategic move, the average price of SR was reduced in 2016 and we anticipate the cost to remain stable throughout the next year.

ENERGY: We are highly dependent on energy in our manufacturing processes. Electricity is the predominant source of energy at each of our three operations and we also utilize natural gas as a source of energy at our U.S. and European operations.


   
TORM's Suppliers Net profit fell by TORM's Suppliers Net margin fell in Q2 to
-2.07 % 6.86 %
   


Tor Minerals International Inc's Suppliers Sales Growth in Q2 2017 by Industry

Suppliers in Chemical Manufacturing Industry      11.09 %
Suppliers in Chemicals - Plastics & Rubber Industry      15.53 %
Suppliers in Aluminum Industry -46.01 %   
Suppliers in Iron & Steel Industry      18.33 %
Suppliers in Miscellaneous Fabricated Products Industry      18.23 %
Suppliers in Construction Raw Materials Industry      11.06 %
Suppliers in Aerospace & Defense Industry -74.74 %   
Suppliers in Construction & Mining Machinery Industry      36.72 %
Suppliers in Miscellaneous Manufacturing Industry -18.14 %   
Suppliers in Industrial Machinery and Components Industry      10.54 %
Suppliers in Conglomerates Industry      1.83 %
Suppliers in Apparel, Footwear & Accessories Industry      6.09 %
Suppliers in Appliance & Tool Industry -100 %   
Suppliers in Electric & Wiring Equipment Industry    
Suppliers in Personal & Household Products Industry      76.46 %
Suppliers in Oil And Gas Production Industry      19.62 %
Suppliers in Oil & Gas Integrated Operations Industry      24.4 %
Suppliers in Oil Refineries Industry -40.77 %   
Suppliers in Property & Casualty Insurance Industry -11.84 %   
Suppliers in S&Ls Savings Banks Industry      20.71 %
Suppliers in Laboratory Analytical Instruments Industry      6.7 %
Suppliers in Advertising Industry -5.59 %   
Suppliers in Professional Services Industry      4.32 %
Suppliers in Scientific & Technical Instruments Industry      7.99 %
Suppliers in Transport & Logistics Industry      6.98 %
Suppliers in Railroads Industry      44.77 %
Suppliers in Specialty Retail Industry  
     
• TORM Suppliers Valuation • TORM Segment Rev. Growth • TORM Segment Inc. Growth • TORM Suppliers Mgmt. Effect.


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