Imerys Considers Sale of Talc Business Linked to J&J Lawsuit By . With a desperate lack of healthcare supplies for Covid-19 patients in Brazil’s largest state, Imerys produced and delivered 3.3 tonnes of cryogenic perlite that was essential for safeguarding bottles of medicinal oxygen at the right temperature. Contact a regulatory / SDS expert. The Company produces talcum products primarily for cosmetic applications. Imerys S.A. is a French multinational company which specialises in the production and processing of industrial minerals. The Canadian court granted recognition of the sale on November 25, 2020. Plaintiffs' claims against WCD must be dismissed for lack of personal jurisdiction. The trust will be funded by the proceeds of the sale and $75 million to be provided by parent company Imerys SA as well as an additional amount up to $102.5 million. Magris Resources, a Canadian mining private equity firm, has closed its acquisition of the assets of talc producers Imerys Talc America, Imerys Talc Vermont and Imerys Talc … Imerys Talc Canada is a leading talc producer on the American continent, with operations in Timmins and Penhorwood. Imerys Talc America is the leading talc producer on the American continent, with operations in Montana, and Texas. Andrew Marc Noel, Myriam Balezou, and . More information about Imerys Talc America, Imerys Talc Vermont, and Imerys Talc Canada's ongoing Chapter 11 process can be found at https://cases.primeclerk.com/imerystalc/. Imerys talc-mining operation, which used to supply talc for Johnson's Baby Powder, has been named a defendant in thousands of lawsuits alleging talcum powder products cause cancer. Aaron Regent, Chairman & CEO of Magris, said, "We are delighted to announce the completion of the sale and the addition of Magris Talc to the Magris family. Find out more about how we use your information in our Privacy Policy and Cookie Policy. the mining, processing, manufacture, sale, and distribution of asbestos or asbestos-containing ORDER GRANTING DEFENDANT DANA COMPANIES, LLC’S MOTION TO DISMISS - 2 Case 2:17-cv-00048-RSL Document 162 Filed 05/23/17 Page 2 of 5 Imerys Talc America operates in the United States. Imerys obtains EcoVadis platinum medal for CSR. Last month, Imerys told the court it had reached an agreement on a Chapter 11 plan that calls for a going-concern asset sale to fund payouts for thousands of personal injury claims for talc … We look forward to building Magris Talc and serving its blue-chip customer base for years to come.". Law360 (March 9, 2021, 9:35 PM EST) -- Johnson & Johnson and Imerys Talc America called on a New Jersey state appeals court Tuesday to erase verdicts totaling $117 million in … SOURCE: ATLANTA, Feb. 17, 2021 /PRNewswire/ -- Imerys Talc America, Inc. Vermont Business Magazine C. Leave to Amend. "Magris Talc represents a strong complement to Magris' existing niobium business. For $223 million. Magris will become the leading talc producer in North America from mines in Montana, Vermont and Ontario. Imerys Talc America, Inc. – Files Fourth Amended Plan and Related Disclosure Statement to Reflect Sale Order and DIP Approval Delay; Aims for … Vermont Business Magazine Today, the North American Talc Subsidiaries of Imerys (Imerys Talc America, Imerys Talc Vermont, and Imerys Talc Canada) announced the completion of the sale of substantially all of their assets to affiliates of Magris Resources Canada Inc.The US assets and related operations are now owned by Magris Talc USA, Inc. … The US assets and related operations are now owned by Magris Talc USA, Inc. and the Canadian assets and related operations are now owned by Magris Talc Canada Inc. We can help! Cryogenic perlite meets urgent medical oxygen bottles need in Brazil state ravaged by Covid-19. Imerys recently announced a plan to resolve more than 14,000 lawsuits claiming the talc it sold to J&J caused women to develop cancer. Giorgio La Motta, President and General Manager, Magris Talc, said, "This is a significant milestone for us as the North American talc assets will now move forward under the ownership of Magris. The assets that we have acquired are high-quality in nature and underpinned by a premier talent base and a strong culture of safety. We look forward to continuing to serve our customers well into the future.". You can change your choices at any time by visiting Your Privacy Controls. On Monday, the U.S. Bankruptcy Court for the District of Delaware announced that it approved the sale of Imerys Talc America to Magris Resources … I am particularly grateful to our employees for their dedication to working safely and diligently to produce and sell high quality talc to our clients throughout this process. Victims won't get much from Imerys, court papers say. IMERYS TALC ITALY SPA is located in PORTE, TORINO, Italy and is part of the Nonmetallic Mineral Mining & Quarrying Industry. The verdict is on appeal. Imerys SA is pressing ahead in an effort to get out from under lawsuits over its U.S. mining operation, Imerys Talc America Inc., over the protests …