• Minerals Technologies filed a Plan of Reorganization in the Chapter 11 cases of subsidiary BMI OldCo and affiliated debtors.
• Plan proposes a USD 450 million talc personal injury trust funded by non-debtor affiliates, backed by a channeling injunction under Bankruptcy Code section 524(g).
• Non-debtor affiliates would waive more than USD 100 million of claims against the debtors tied to pre- and post-petition funding.
• Company will record a USD 290 million second-quarter 2026 charge to increase reserves for estimated costs tied to the cases.
• District Court proceedings continue on whether BMI OldCo talc contained asbestos sufficient to cause asbestos-related disease.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minerals Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606291700PRIMZONEFULLFEED9754380) on June 29, 2026, and is solely responsible for the information contained therein.