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TORM > SEC Filings for TORM > Form 8-K on 16-Jul-2012All Recent SEC Filings

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Form 8-K for TOR MINERALS INTERNATIONAL INC


16-Jul-2012

Other Events


ITEM 8.01 Other Events

On May 21, 2012, TOR Minerals International, Inc. (the "Company") announced that it had received an $11 million purchase order to supply synthetic rutile titanium dioxide feedstock to a third party and that it expected to ship and recognize the revenue for this order late during the second quarter. However, the order did not ship and none of the revenue will be recognized in the second quarter of this year. The Company now anticipates the delivery of the bulk of this order will take place during the last half of the year and that the order has been reduced by approximately 20%.

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