Ceramic Industry News

Zemex Reports Improved Results for Third Quarter 2001

Zemex Corp. recently reported net income of $0.01 per share for the third quarter ended September 30, 2001, compared to a loss of $0.05 per share in the third quarter of 2000. Revenue decreased to $14.1 million from $18.4 million in the comparable period of 2000, largely due to the sale of assets and the shedding of non-core businesses, as well as the suspension of operations at the company's North Carolina muscovite mica facility in the ensuing interval. Reflecting these changes, gross margins improved from 23.6% to 34.2%, quarter over quarter, and EBITDA (earnings before interest, income tax, depreciation and amortization) increased from $1.4 million to $1.9 million, or 32.2% compared to the third quarter of 2000. During the third quarter, feldspar operations continued to perform well. This material serves the ceramic industry, which in turn serves the housing market, both new and retrofit.

For additional information, call (416) 365-5667 or (416) 365-8091.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

November 2014 Issue Highlights

Our November 2014 issue is now available! Posted: March 31, 2015.


Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI April 2015 edition

2015 April

You'll want to check out our continuing coverage of the inaugural Ceramics Expo event, plus articles on dental ceramics, glass coatings, refractories, and more!

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!