Market News
Expanded Perlite Market-Recent Developments:
New product launches:
- In September 2022, Cornerstone Industrial Minerals launched new finely graded perlite filter aids for filtration applications. The new product improves process efficiency and enhances quality in filtration processes.
- In June 2021, Aegean Perlites SA, a privately-owned company based in Attica, Greece, specializing in perlite ore mining, processing, and production, launched ProMix GP, a horticulture growing media made from perlite, peat. It provides an optimal balance of air and water availability.
Acquisition and partnerships:
- In December 2021, Cornerstone Industrial Minerals acquired NRB Industrial Minerals, a privately-held industrial minerals company engaged in the mining, processing, and marketing of perlite, and Perlite Canada Perlite Canada Inc., a company specialized in the production, processing, and marketing of perlite and vermiculite, to strengthen its presence in North America.