AMCOL International Corporation to Explore Strategic Alternatives

20 September 2000

AMCOL International Corporation (NYSE: ACO) announced today that its Board of Directors has authorized management to explore strategic alternatives to enhance shareholder value. AMCOL has retained Lehman Brothers, Inc. as its financial advisor to assist it in these efforts. Larry E. Washow, Chief Executive Officer and President said, "The Board intends to explore various ways to enhance shareholder value. These may involve a merger or sale of the company and the sale or spin-off of one or more of the Company's businesses, including a joint venture or spin-off of its Nanocor subsidiary, which develops, markets and sells molecularly engineered bentonite products for use in plastic nanocomposites." AMCOL International Corporation produces and markets a wide range of specialty mineral products used for industrial, environmental and consumer-related applications.• Icopal Europe's leading manufacturer of reinforced plastic productsThe Danish roofing materials and asphalt producer Icopal A/S has acquired the polyethylene products maker Monarflex A/S for an undisclosed sum. The acquisition makes Icopal Europe's largest producer of reinforced plastic products for construction and other industrial uses, according to the Danish news provider NetPosten. Monarflex has an annual turnover of some DKK300m

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