**UNITED      STATES SECURITIES AND EXCHANGE COMMISSION**
** **

**Washington,      D.C. 20549 **

----

**FORM      10-Q**

|  x | QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---------|--------------------------------------------------------------------------------------------------------------------------------------|

| For                the quarterly period ended | March                31, 2008 |
|-----------------------------------------------|-------------------------------|

|  o | TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                ACT OF                1934 |
|---------|---------------------------------------------------------------------------------------------------------------------------------------|

| For                the transition period from |   | to     |   |
|-----------------------------------------------|--------|--------|--------|
|                                          |   |   |   |
| Commission                file number         | 15661  |

| Delaware                                                                      |   | 36-0724340                                       |
|-------------------------------------------------------------------------------|--------|--------------------------------------------------|
| (State                or other jurisdiction of incorporation or organization) |   | (IRS                Employer Identification No.) |
|                                                                          |   |                                             |
| 1500                West Shure Drive, Suite 500, Arlington Heights, Illinois  |   | 60004-7803                                       |
| (Address                of principal executive offices)                       |   | (Zip                Code)                        |

----

| Large                accelerated filer o |   | Accelerated                filer x |   | Non-accelerated                filer o |   | Smaller                reporting company o |
|------------------------------------------|--------|------------------------------------|--------|----------------------------------------|--------|--------------------------------------------|

| Class                                         |   | Outstanding                at April 30, 2008 |
|-----------------------------------------------|--------|----------------------------------------------|
| (Common                stock, $.01 par value) |   | 30,165,361                Shares             |

----

**AMCOL      INTERNATIONAL CORPORATION**

**INDEX**
** **

|                                          |   |                                                                                                                         | Page                No. |
|-----------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------|-------------------------|
| Part                I - Financial Information |   |
|                                          |   |                                                                                                                         |                    |
| Item                1                         |   | *Financial                Statements*                                                                                        |                    |
|                                          |   | Condensed                Consolidated Balance Sheets -                                                                       |                    |
|                                          |   | March                31, 2008 and December 31, 2007                                                                          | 3                       |
|                                          |   |                                                                                                                         |                    |
|                                          |   | Condensed                Consolidated Statements of Operations -                                                             |                    |
|                                          |   | three                months ended March 31, 2008 and 2007                                                                    | 5                       |
|                                          |   |                                                                                                                         |                    |
|                                          |   | Condensed                Consolidated Statements of Comprehensive Income -                                                   |                         |
|                                          |   | three months              ended              March 31, 2008 and 2007                                                         |  6                 |
|                                          |   |                                                                                                                         |                    |
|                                          |   | Condensed                Consolidated Statements of Cash Flows -                                                             |                    |
|                                          |   | three months              ended              March 31, 2008 and 2007                                                         |  7                 |
|                                          |   |                                                                                                                         |                    |
|                                          |   | Notes                to Condensed Consolidated Financial Statements                                                          | 8                       |
|                                          |   |                                                                                                                         |                    |
| Item                2                         |   | *Management’s                Discussion and Analysis of Financial**Condition                and Results of Operations* | 15                      |
|                                          |   |                                                                                                                         |                    |
| Item                3                         |   | *Quantitative                and Qualitative Disclosures About Market Risk*                                                  | 25                      |
|                                          |   |                                                                                                                         |                    |
| Item                4                         |   | *Controls                and Procedures*                                                                                     | 25                      |
|                                          |   |                                                                                                                         |                    |
| Part                II - Other Information    |   |
|                                          |   |                                                                                                                         |                    |
| Item                1A                        |   | *Risk                Factors*                                                                                                | 26                      |
|                                          |   |                                                                                                                         |                    |
| Item                2                         |   | *Unregistered                Sales of Equity Securities and Use of Proceeds*                                                 | 26                      |
|                                          |   |                                                                                                                         |                    |
| Item                6                         |   | *Exhibits*                                                                                                                   | 26                      |

----

**AMCOL      INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED BALANCE SHEETS**

**(In      thousands)**

|                                                                          |   | **March                  31,**  |    |   **December                  31,**  |   |
|-------------------------------------------------------------------------------|--------|--------------------------------------|---------|-----------------------------------------------------|--------|
| **ASSETS**                                                                    |   | **2008 **                  |    |   **2007 **                     |   |
|                                                                          |   | **(unaudited)**                 |    |   *****                              |   |
| Current                  assets:                                              |   |                                 |    |                                      |   |
| Cash                  and cash equivalents                                    |   | $                                    | 33,163  |                                                | $      | 25,282 |   |
| Accounts                  receivable, net                                     |   |                                 | 170,285 |                                                |   | 166,835 |   |
| Inventories                                                                   |   |                                 | 93,845  |                                                |   | 91,367 |   |
| Prepaid                  expenses                                             |   |                                 | 15,292  |                                                |   | 13,529 |   |
| Deferred                  income taxes                                        |   |                                 | 4,074   |                                                |   | 4,374 |   |
| Income                  tax receivable                                        |   |                                 | 2,760   |                                                |   | 2,768 |   |
| Other                                                                         |   |                                 | 7,713   |                                                |   | 475 |   |
|                                                                          |   |                                 |    |                                                |   |   |   |
| Total                  current assets                                         |   |                                 | 327,132 |                                                |   | 304,630 |   |
|                                                                          |   |                                 |    |                                                |   |   |   |
| Investment                  in and advances to affiliates and joint ventures  |   |                                 | 53,349  |                                                |   | 49,309 |   |
|                                                                          |   |                                 |    |                                                |   |   |   |
| Property,                  plant, equipment, and mineral rights and reserves: |   |                                 |    |                                                |   |   |   |
| Land                  and mineral rights                                      |   |                                 | 21,488  |                                                |   | 21,394 |   |
| Depreciable                  assets                                           |   |                                 | 369,478 |                                                |   | 352,100 |   |
|                                                                          |   |                                 |    |                                                |   |   |   |
|                                                                          |   |                                 | 390,966 |                                                |   | 373,494 |   |
| Less:                  accumulated depreciation and depletion                 |   |                                 | 203,400 |                                                |   | 196,904 |   |
|                                                                          |   |                                 |    |                                                |   |   |   |
|                                                                          |   |                                 | 187,566 |                                                |   | 176,590 |   |
| Other                  assets:                                                |   |                                 |    |                                                |   |   |   |
| Goodwill                                                                      |   |                                 | 60,226  |                                                |   | 59,840 |   |
| Intangible                  assets, net                                       |   |                                 | 39,855  |                                                |   | 41,257 |   |
| Deferred                  income taxes                                        |   |                                 | 5,153   |                                                |   | 5,513 |   |
| Other                  assets                                                 |   |                                 | 14,270  |                                                |   | 15,007 |   |
|                                                                          |   |                                 |    |                                                |   |   |   |
|                                                                          |   |                                 | 119,504 |                                                |   | 121,617 |   |
|                                                                          |   | $                                    | 687,551 |                                                | $      | 652,146 |   |

----

**AMCOL        INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED BALANCE SHEETS**

**(In        thousands)**

|                                                        |   | **March                  31,** |    |  **December                  31,** |   |
|-------------------------------------------------------------|--------|--------------------------------|---------|-----------------------------------------|--------|
| **LIABILITIES                    AND STOCKHOLDERS' EQUITY** |   |  **2008**                 |    |  **2007**                          |   |
|                                                        |   |  **(unaudited)**          |    |  *****                             |   |
| Current                  liabilities:                       |   |                           |    |                               |   |
| Accounts                  payable                           |   | $                              | 41,517  |                                    | $      | 44,274 |   |
| Accrued                  liabilities                        |   |                           | 52,544  |                                    |   | 57,833 |   |
|                                                        |   |                           |    |                                    |   |   |   |
| Total                  current liabilities                  |   |                           | 94,061  |                                    |   | 102,107 |   |
|                                                        |   |                           |    |                                    |   |   |   |
| Long-term                  debt                             |   |                           | 188,127 |                                    |   | 164,232 |   |
| Long-term                  debt - corporate building        |   |                           | 10,321  |                                    |   | - |   |
|                                                        |   |                           |    |                                    |   |   |   |
| Total                  long-term debt                       |   |                           | 198,448 |                                    |   | 164,232 |   |
|                                                        |   |                           |    |                                    |   |   |   |
| Minority                  interests in subsidiaries         |   |                           | 543     |                                    |   | 327 |   |
| Pension                  liabilities                        |   |                           | 8,934   |                                    |   | 7,559 |   |
| Other                  liabilities                          |   |                           | 25,585  |                                    |   | 25,598 |   |
|                                                        |   |                           |    |                                    |   |   |   |
|                                                        |   |                           | 35,062  |                                    |   | 33,484 |   |
| Stockholders’                  equity:                |   |                           |    |                                    |   |   |   |
| Common                  stock                               |   |                           | 320     |                                    |   | 320 |   |
| Additional                  paid in capital                 |   |                           | 82,160  |                                    |   | 81,599 |   |
| Retained                  earnings                          |   |                           | 261,969 |                                    |   | 258,164 |   |
| Accumulated                  other comprehensive income     |   |                           | 36,968  |                                    |   | 33,248 |   |
|                                                        |   |                           |    |                                    |   |   |   |
|                                                        |   |                           | 381,417 |                                    |   | 373,331 |   |
| Less:                                                       |   |                           |    |                                    |   |   |   |
| Treasury                  stock                             |   |                           | 21,437  |                                    |   | 21,008 |   |
|                                                        |   |                           |    |                                    |   |   |   |
|                                                        |   |                           | 359,980 |                                    |   | 352,323 |   |
|                                                        |   | $                              | 687,551 |                                    | $      | 652,146 |   |

----

**AMCOL      INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF OPERATIONS**

**(Unaudited)**

**(In      thousands, except per share amounts)**

|                                                                              |   | **Three                  Months Ended****March                  31,**     |   |
|-----------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------|--------|
|                                                                              |   | **2008**                                                                                      |   | **2007** |   |
|                                                                              |   |                                                                                          |   |    |   |
| Net                  sales                                                        |   | $191,409                                                                                      |   | $163,728 |   |
| Cost                  of sales                                                    |   |  145,059                                                                                 |   |  120,229 |   |
| Gross                  profit                                                     |   |  46,350                                                                                  |   |  43,499 |   |
| General,                  selling and administrative expenses                     |   |  33,638                                                                                  |   |  28,805 |   |
| Operating                  profit                                                 |   |  12,712                                                                                  |   |  14,694 |   |
| Other                  income (expense):                                          |   |                                                                                     |   |    |   |
| Interest                  expense, net                                            |   |  (2,401)                                                                                 |   |  (1,942) |   |
| Other,                  net                                                       |   |  (235)                                                                                   |   |  (167) |   |
|                                                                              |   |  (2,636)                                                                                 |   |  (2,109) |   |
| Income                  before income taxes and income from                       |   |                                                                                     |   |    |   |
| affiliates                  and joint ventures                                    |   |  10,076                                                                                  |   |  12,585 |   |
| Income                  tax expense                                               |   |  2,717                                                                                   |   |  3,311 |   |
| Income                  before income from affiliates and                         |   |                                                                                     |   |    |   |
| joint                  ventures                                                   |   |  7,359                                                                                   |   |  9,274 |   |
| Income                  from affiliates and joint ventures                        |   |  1,262                                                                                   |   |  1,566 |   |
| Net                  income                                                       |   | $                                                                                             | 8,621  |   | $ | 10,840 |   |
|                                                                              |   |                                                                                          |   |   |   |   |   |
| Weighted                  average common shares outstanding                       |   |                                                                                          | 30,260 |   |   | 30,153 |   |
| Weighted                  average common and common equivalent shares outstanding |   |                                                                                          | 30,889 |   |   | 31,017 |   |
|                                                                              |   |                                                                                          |   |   |   |   |   |
| Basic                  earnings per share                                         |   | $                                                                                             | 0.28   |   | $ | 0.36 |   |
|                                                                              |   |                                                                                          |   |   |   |   |   |
| Diluted                  earnings per share                                       |   | $                                                                                             | 0.28   |   | $ | 0.35 |   |
|                                                                              |   |                                                                                          |   |   |   |   |   |
| Dividends                  declared per share                                     |   | $                                                                                             | 0.16   |   | $ | 0.14 |   |

----

**AMCOL      INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME**

**(Unaudited)**

**(In      thousands)**

|                                                             |   | **Three                    Months Ended**  March 31,  |   |
|------------------------------------------------------------------|--------|----------------------------------------------------------------------|--------|
|                                                             |   | **2008**                                                             |   | **2007** |   |
| Net                  income                                      |   | $                                                                    | 8,621  |   | $ | 10,840 |   |
| Other                  comprehensive income (loss):              |   |                                                                 |   |   |   |   |   |
| Foreign                  currency translation adjustment         |   |                                                                 | 5,239  |   |   | 1,405 |   |
| Unrealized                  loss on interest rate swap agreement |   |                                                                 | (2,112 | ) |   | - |   |
| Other                                                            |   |                                                                 | 593    |   |   | 85 |   |
|                                                             |   |                                                                 |   |   |   |   |   |
| Comprehensive                  income                            |   | $                                                                    | 12,341 |   | $ | 12,330 |   |

----

**AMCOL      INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**CONDENSED      CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(Unaudited)**

**(In      thousands)**

|                                                                                                                                   |   | **Three                  Months Ended****March                  31,**   |    |
|----------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------|---------|
|                                                                                                                                   |   | **2008**                                                                          |    | **2007** |   |
| Cash                  flow from operating activities:                                                                                  |   |                                                                              |    |    |   |
| Net                  income                                                                                                            |   | $                                                                                 | 8,621   |   | $ | 10,840 |   |
| Adjustments                    to reconcile from net income to net cash provided by (used in)                    operating activities: |   |                                                                              |    |   |   |   |   |
| Depreciation,                  depletion, and amortization                                                                             |   |                                                                              | 7,435   |   |   | 6,714 |   |
| Changes                  in assets and liabilities, net of effects of acquisitions:                                                    |   |                                                                              |    |   |   |   |   |
| Decrease                  (increase) in current assets                                                                                 |   |                                                                              | (5,671  | ) |   | (7,091 | ) |
| Decrease                  (increase) in noncurrent assets                                                                              |   |                                                                              | (301    | ) |   | (954 | ) |
| Increase                  (decrease) in current liabilities                                                                            |   |                                                                              | (5,624  | ) |   | (6,634 | ) |
| Increase                  (decrease) in noncurrent liabilities                                                                         |   |                                                                              | (112    | ) |   | (133 | ) |
| Other                                                                                                                                  |   |                                                                              | (70     | ) |   | 3,513 |   |
| Net                  cash provided by (used in) operating activities                                                                   |   |                                                                              | 4,278   |   |   | 6,255 |   |
| Cash                  flow from investing activities:                                                                                  |   |                                                                              |    |   |   |   |   |
| Capital                  expenditures                                                                                                  |   |                                                                              | (12,932 | ) |   | (10,876 | ) |
| Capital                  expenditures - corporate building                                                                             |   |                                                                              | (2,831  | ) |   | - |   |
| Acquisitions,                  net of cash                                                                                             |   |                                                                              | (1,148  | ) |   | (27,204 | ) |
| Investments                  in and advances to affiliates and joint ventures                                                          |   |                                                                              | (2,107  | ) |   | (2,466 | ) |
| Investments                  in restricted cash                                                                                        |   |                                                                              | (36     | ) |   | (957 | ) |
| Other                                                                                                                                  |   |                                                                              | (5,931  | ) |   | 489 |   |
| Net                  cash used in investing activities                                                                                 |   |                                                                              | (24,985 | ) |   | (41,014 | ) |
| Cash                  flow from financing activities:                                                                                  |   |                                                                              |    |   |   |   |   |
| Net                  change in outstanding debt                                                                                        |   |                                                                              | 23,404  |   |   | 42,800 |   |
| Net                  change in outstanding debt - corporate building                                                                   |   |                                                                              | 9,463   |   |   | - |   |
| Proceeds                  from sales of treasury stock                                                                                 |   |                                                                              | 753     |   |   | 886 |   |
| Purchases                  of treasury stock                                                                                           |   |                                                                              | (2,062  | ) |   | - |   |
| Dividends                                                                                                                              |   |                                                                              | (4,816  | ) |   | (4,204 | ) |
| Excess                  tax benefits from stock-based compensation                                                                     |   |                                                                              | 669     |   |   | 927 |   |
| Net                  cash provided by (used in) financing activities                                                                   |   |                                                                              | 27,411  |   |   | 40,409 |   |
| Effect                  of foreign currency rate changes on cash                                                                       |   |                                                                              | 1,177   |   |   | 389 |   |
| Net                  increase (decrease) in cash and cash equivalents                                                                  |   |                                                                              | 7,881   |   |   | 6,039 |   |
| Cash                  and cash equivalents at beginning of period                                                                      |   |                                                                              | 25,282  |   |   | 17,805 |   |
| Cash                  and cash equivalents at end of period                                                                            |   | $                                                                                 | 33,163  |   | $ | 23,844 |   |

----

**AMCOL      INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In      thousands, except share and per share amounts)**

**Note      1:**
**SUMMARY      OF SIGNIFICANT ACCOUNTING POLICIES**

**Company      Operations**

|                                   |   | **Three                    Months Ended**  March 31,  |         |
|----------------------------------------|--------|----------------------------------------------------------------------|--------------|
|                                   |   | **2008**                                                             |         | **2007** |   |
| Minerals                               |   |                                                                 | 52%          |   |   | 52% |   |
| Environmental                          |   |                                                                 | 30%          |   |   | 30% |  |
| Oilfield                  services     |   |                                                                 | 13%          |   |   | 13% |   |
| Transportation                         |   |                                                                 | 7%           |   |   | 7% |   |
| Intersegment                  shipping |   |                                                                 | -2%          |  |   | -2% |   |
|                                   |   |                                                                 | **100**%**** |  |   | **100**%**** |   |

**Basis      of Presentation**

----

**AMCOL        INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In        thousands, except share and per share amounts)**

**New      Accounting Standards**

*Fair      Value Measurements*
*Effective      Date of FASB Statement No. 157, *
*,*

*Disclosures      about Derivative Instruments and Hedging Activities an amendment of FASB      Statement No. 133 *
*.      *

----

**AMCOL      INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES      TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In      thousands, except share and per share amounts)**

**Note      2:**
**EARNINGS      PER SHARE**

|                                                                                                                                          |   | **Three                  Months Ended****March                  31,**   |       |
|-----------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------|------------|
|                                                                                                                                          |   | **2008**                                                                          |       |  **2007** |   |
| Weighted                  average number of common shares outstanding                                                                         |   |                                                                              | 30,259,799 |   |   | 30,152,857 |   |
| Dilutive                  impact of stock options                                                                                             |   |                                                                              | 629,113    |   |   | 863,954 |   |
|                                                                                                                                          |   |                                                                              |       |   |   |   |   |
| Weighted                    average number of common and common equivalent shares outstanding                    for the period               |   |                                                                              | 30,888,912 |   |   | 31,016,811 |   |
| Number                  of common shares outstanding at the end of the period                                                                 |   |                                                                              | 30,156,968 |   |   | 30,100,384 |   |
|                                                                                                                                          |   |                                                                              |       |   |   |   |   |
| Weighted                  average number of anti-dilutive shares excluded from the computation                  of diluted earnings per share |   |                                                                              | 553,334    |   |   | 187,388 |   |

**Note      3:**
**ADDITIONAL      BALANCE SHEET INFORMATION**

|                                                                         |   |   | **March                      31,**  |   |   | **December                      31,**  |   |
|------------------------------------------------------------------------------|--------|--------|------------------------------------------|--------|--------|---------------------------------------------|--------|
|                                                                         |   |   | **2008**                            |   |   | **2007**                               |   |
| Crude                      stockpile inventories                             |   | $      | 28,077                                   |   | $      | 25,601                                      |   |
| In-process                      and finished goods inventories               |   |   | 36,860                                   |   |   | 39,473                                      |   |
| Other                      raw material, container, and supplies inventories |   |   | 28,908                                   |   |   | 26,293                                      |   |
|                                                                         |   | $      | 93,845                                   |   | $      | 91,367                                      |   |

----

**AMCOL        INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In        thousands, except share and per share amounts)**

|                                                        |   | **Three                  Months Ended****March                  31,**   |   |
|-------------------------------------------------------------|--------|-----------------------------------------------------------------------------------|--------|
|                                                        |   | **2008**                                                                          |   |  **2007** |   |
| Balance                  at beginning of period             |   | $                                                                                 | 5,699  |   | $ | 5,715 |   |
| Settlement                  of obligations                  |   |                                                                              | (384   | ) |   | (399 | ) |
| Liabilities                  incurred and accretion expense |   |                                                                              | 532    |   |   | 626 |   |
|                                                        |   |                                                                              |   |   |   |   |   |
| Balance                  at end of period                   |   | $                                                                                 | 5,847  |   | $ | 5,942 |   |

**Note      4:**
**BUSINESS      SEGMENT INFORMATION**

|                                    |   | **Three                Months Ended****March                31,**   |                                         |
|-----------------------------------------|--------|-------------------------------------------------------------------------------|----------------------------------------------|
|                                    |   | **2008**                                                                      |                                         |  **2007** |   |
| Net                sales:               |   |                                                                          |                                         |    |   |
| Minerals                                |   | $                                                                             | 99,344                                       |   | $ | 85,813 |   |
| Environmental                           |   |                                                                          | 58,219                                       |   |   | 48,698 |   |
| Oilfield                services        |   |                                                                          | 24,143                                       |   |   | 21,964 |   |
| Transportation                          |   |                                                                          | 14,350                                       |   |   | 10,893 |   |
| Intersegment                shipping    |   |                                                                          | (4,647                                       | ) |   | (3,640 | ) |
| Total                                   |   | $                                                                             | 191,409                                      |   | $ | 163,728 |   |
|                                    |   |                                                                          |                                         |   |   |   |   |
| Operating                profit (loss): |   |                                                                          |                                         |   |   |   |   |
| Minerals                                |   | $                                                                             | 7,687                                        |   | $ | 9,257 |   |
| Environmental                           |   |                                                                          | 5,971                                        |   |   | 6,243 |   |
| Oilfield                services        |   |                                                                          | 3,949                                        |   |   | 3,166 |   |
| Transportation                          |   |                                                                          | 780                                          |   |   | 540 |   |
| Corporate                               |   |                                                                          | (5,675                                       | ) |   | (4,512 | ) |
| Total                                   |   | $                                                                             | 12,712                                       |   | $ | 14,694 |   |
|                                    |   |                                                                          |                                         |   |   |   |   |
|                                    |   |                                                                          | **As                of Mar. 31, 2008**  |   |   | **As                of Dec. 31, 2007** |   |
| Assets:                                 |   |                                                                          |                                         |   |   |   |   |
| Minerals                                |   | $                                                                             | 334,612                                      |   | $ | 319,921 |   |
| Environmental                           |   |                                                                          | 194,249                                      |   |   | 184,992 |   |
| Oilfield                services        |   |                                                                          | 98,209                                       |   |   | 95,866 |   |
| Transportation                          |   |                                                                          | 3,876                                        |   |   | 3,807 |   |
| Corporate                               |   |                                                                          | 56,605                                       |   |   | 47,560 |   |
| Total                                   |   | $                                                                             | 687,551                                      |   | $ | 652,146 |   |

----

**AMCOL        INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In        thousands, except share and per share amounts)**

|                                                       |   | **Three                  Months Ended****March                  31,**  |   |
|------------------------------------------------------------|--------|-----------------------------------------------------------------------------|--------|
|                                                       |   | **2008**                                                               |   | **2007**  |   |
| Depreciation,                  depletion and amortization: |   |                                                                        |   |    |   |
| Minerals                                                   |   | $                                                                           | 3,674  |   | $ | 3,434 |   |
| Environmental                                              |   |                                                                        | 1,575  |   |   | 1,421 |   |
| Oilfield                  services                         |   |                                                                        | 1,774  |   |   | 1,612 |   |
| Transportation                                             |   |                                                                        | 9      |   |   | 18 |   |
| Corporate                                                  |   |                                                                        | 403    |   |   | 229 |   |
| Total                                                      |   | $                                                                           | 7,435  |   | $ | 6,714 |   |
|                                                       |   |                                                                        |   |   |   |   |   |
| Capital                  expenditures:                     |   |                                                                        |   |   |   |   |   |
| Minerals                                                   |   | $                                                                           | 7,687  |   | $ | 4,398 |   |
| Environmental                                              |   |                                                                        | 858    |   |   | 2,555 |   |
| Oilfield                  services                         |   |                                                                        | 3,284  |   |   | 1,719 |   |
| Transportation                                             |   |                                                                        | 12     |   |   | - |   |
| Corporate                                                  |   |                                                                        | 3,922  |   |   | 2,204 |   |
| Total                                                      |   | $                                                                           | 15,763 |   | $ | 10,876 |   |
|                                                       |   |                                                                        |   |   |   |   |   |
| Research                  and development expense:         |   |                                                                        |   |   |   |   |   |
| Minerals                                                   |   | $                                                                           | 1,276  |   | $ | 927 |   |
| Environmental                                              |   |                                                                        | 644    |   |   | 535 |   |
| Oilfield                  services                         |   |                                                                        | 119    |   |   | 3 |   |
| Corporate                                                  |   |                                                                        | 148    |   |   | 103 |   |
| Total                                                      |   | $                                                                           | 2,187  |   | $ | 1,568 |   |

----

**AMCOL          INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES          TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In          thousands, except share and per share          amounts)**

**Note      5:**
**EMPLOYEE      BENEFIT PLANS**

|                                                |   | **Three                  Months Ended****March                  31,**   |   |
|-----------------------------------------------------|--------|-----------------------------------------------------------------------------------|--------|
|                                                |   | **2008**                                                                          |   |  **2007** |   |
| Service                  cost                       |   | $                                                                                 | 418    |   | $ | 415 |   |
| Interest                  cost                      |   |                                                                              | 593    |   |   | 552 |   |
| Expected                  return on plan assets     |   |                                                                              | (781   | ) |   | (674 | ) |
| Amortization                  of prior service cost |   |                                                                              | 1      |   |   | 17 |   |
|                                                |   |                                                                              |   |   |   |   |   |
| Net                  periodic benefit cost          |   | $                                                                                 | 231    |   | $ | 310 |   |

**Note      6:**
**INCOME      TAXES**

**Note      7:**
**ACQUISITIONS**

----

**AMCOL          INTERNATIONAL CORPORATION AND SUBSIDIARIES**

**NOTES          TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(Unaudited)**

**(In          thousands, except share and per share          amounts)**

**Note      8:**
**SALE-LEASEBACK      TRANSACTION**

**Note      9:**
**CONTINGENCIES**

----

**Item      2: Management’s Discussion and Analysis of Financial Condition and Results of      Operations**

**Forward-Looking      Statements**

**Overview**

----

| ·   | Organic                growth: The central component of our growth strategy is expansion                of our                product lines and market presence. We have a history of commitment                to                research and development and using this resource to bring innovative                products to market. We believe this approach to growth offers the                best                probability of achieving our long-term goals at the lowest                risk. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Globalization:                We have expanded our manufacturing and marketing organizations into                European and Asia-Pacific regions over the last 40 years. This operating                experience enables us to expand further into emerging markets. We                see                significant opportunities in the Asia-Pacific and Eastern European                regions                for expanding our revenues and earnings over the long-term as a number                of                markets we serve, such as metalcasting and lining technologies, are                expected to grow. We expect to take advantage of these growth areas                either                through our wholly owned subsidiaries or investments in affiliates                and                joint ventures. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Mineral                development: Bentonite is a component in a majority of the products                we                produce. Since it is a natural material, we must continually expand                our                reserve base to maintain a long-term business. Our goal is to add                new                reserves to replace the bentonite mined each year. Furthermore, we                need to                assure new reserves meet the physical property requirements for our                diverse product lines and are economical to mine. Our organization                is                committed to developing its global reserve base to meet these                requirements. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Acquisitions:                We continually seek opportunities to add complementary businesses                to our                portfolio of products. Over the last four years, we have acquired                a number                of businesses. A strong financial position will enable us to continue                to                acquire businesses which, in our assessment, are fairly valued and                fit                with our growth strategy. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Critical      Accounting Policies and Estimates**

**Analysis      of Results of Operations**

***Three      months ended March 31, 2008 vs. March 31, 2007***

***Consolidated      Review***

----

|                                                                                                       |   |   | **Three                  Months Ended March 31,**  |   |
|------------------------------------------------------------------------------------------------------------|--------|--------|---------------------------------------------------------|--------|
| **Consolidated**                                                                                           |   |   | **2008**                                           |   |   | **2007**  |   |   | **2008                  vs. 2007**  |   |
|                                                                                                       |   |   | (Dollars                  in Thousands)       |   |
| Net                  sales                                                                                 |   | $      | 191,409                                                 |   | $ | 163,728 |   |   | 16.9 | % |
| Cost                  of sales                                                                             |   |   | 145,059                                                 |   |   | 120,229 |   |   |   |   |
| Gross                  profit                                                                              |   |   | 46,350                                                  |   |   | 43,499 |   |   | 6.6 | % |
| *margin                  %*                                                                                |   |   | *24.2*                                                  | *%*    | * * | *26.6* | *%* |   |   |   |
| General,                    selling and administrative expenses                                            |   |   | 33,638                                                  |   |   | 28,805 |   |   | 16.8 | % |
| Operating                  profit                                                                          |   |   | 12,712                                                  |   |   | 14,694 |   |   | -13.5 | % |
| *margin                  %*                                                                                |   |   | *6.6*                                                   | *%*    | * * | *9.0* | *%* |   |   |   |
| Other                  income (expense):                                                                   |   |   |                                                    |   |   |   |   |   |   |   |
| Interest                  expense, net                                                                     |   |   | (2,401                                                  | )      |   | (1,942 | ) |   | 23.6 | % |
| Other,                  net                                                                                |   |   | (235                                                    | )      |   | (167 | ) |   | 40.7 | % |
|                                                                                                       |   |   | (2,636                                                  | )      |   | (2,109 | ) |   |   |   |
|                                                                                                       |   |   |                                                    |   |   |   |   |   |   |   |
| Income                  before income taxes and income from affiliates and joint                  ventures |   |   | 10,076                                                  |   |   | 12,585 |   |   |   |   |
| Income                  tax expense                                                                        |   |   | 2,717                                                   |   |   | 3,311 |   |   | -17.9 | % |
| *effective                  tax rate*                                                                      |   |   | *27.0*                                                  | *%*    | * * | *26.3* | *%* |   |   |   |
|                                                                                                       |   |   |                                                    |   |   |   |   |   |   |   |
| Income                  before income from affiliates and joint ventures                                   |   |   | 7,359                                                   |   |   | 9,274 |   |   |   |   |
| Income                  from affiliates and joint ventures                                                 |   |   | 1,262                                                   |   |   | 1,566 |   |   | -19.4 | % |
|                                                                                                       |   |   |                                                    |   |   |   |   |   |   |   |
| Net                  income                                                                                |   |   | 8,621                                                   |   |   | 10,840 |   |   | -20.5 | % |

|                               |   |   | **Base                  Business**  |   |   | **Acquisitions**  |   |   | **Foreign                  Exchange**  |   |   | **Total**  |   |
|------------------------------------|--------|--------|------------------------------------------|--------|--------|------------------------|--------|--------|---------------------------------------------|--------|--------|-----------------|--------|
| Minerals                           |   |   | 4.7                                      | %      |   | 2.8                    | %      |   | 0.8                                         | %      |   | 8.3             | %      |
| Environmental                      |   |   | 3.2                                      | %      |   | 0.8                    | %      |   | 1.8                                         | %      |   | 5.8             | %      |
| Oilfield                  services |   |   | 1.3                                      | %      |   | 0.0                    | %      |   | 0.0                                         | %      |   | 1.3             | %      |
| Transportation                     |   |   | 1.5                                      | %      |   | 0                      | %      |   | 0.0                                         | %      |   | 1.5             | %      |
| Total                              |   |   | 10.7                                     | %      |   | 3.6                    | %      |   | 2.6                                         | %      |   | 16.9            | %      |
| %                  of growth       |   |   | 63.3                                     | %      |   | 21.3                   | %      |   | 15.4                                        | %      |   | 100.0           | %      |

|                                                       |   |  **Americas** |   |  **EMEA** |   | **Asia                  Pacific** |   |  **Total** |   |
|------------------------------------------------------------|--------|--------------------|--------|----------------|--------|-----------------------------------|--------|-----------------|--------|
| Minerals                                                   |   |               | 37.3   | %              |   | 7.2                               | %      |            | 7.4    | % |   | 51.9 | % |
| Environmental                                              |   |               | 15.0   | %              |   | 13.8                              | %      |            | 1.7    | % |   | 30.4 | % |
| Oilfield                  services                         |   |               | 10.7   | %              |   | 1.6                               | %      |            | 0.4    | % |   | 12.6 | % |
| Transportation                                             |   |               | 5.1    | %              |   | 0.0                               | %      |            | 0.0    | % |   | 5.1 | % |
|                                                       |   |               |   |           |   |                              |   |            |   |   |   |   |   |
| Total                  - current year's period             |   |               | 68.1   | %              |   | 22.5                              | %      |            | 9.5    | % |   | 100.0 | % |
| Total                  from prior year's comparable period |   |               | 68.3   | %              |   | 22.9                              | %      |            | 8.8    | % |   | 100.0 | % |

----

**Net      sales:**

**Gross      profit:**

**General,      selling & administrative expenses (GS&A)**

**Operating      profit:**

**Interest      expense, net:**

**Other      income / (expense):**

**Income      tax expense:**

----

**Income      from affiliates & joint ventures:**

**Net      income:**

**Diluted      earnings per share:**
** **

**Segment      analysis:**

***Minerals      Segment***

|                                           |   |   | **Three                  Months Ended March 31,**  |   |
|------------------------------------------------|--------|--------|---------------------------------------------------------|--------|
| **Minerals**                                   |   |   | **2008**                                           |   |   | **2007**  |   |   | **2008                  vs. 2007**  |   |
|                                           |   |   | (Dollars                  in Thousands)       |   |
| Net                  sales                     |   | $      | 99,344                                                  |   |   | 100.0 | % | $ | 85,813 |   |   | 100.0 | % | $ | 13,531 |   |   | 15.8 | % |
| Cost                  of sales                 |   |   | 82,667                                                  |   |   | 83.2 | % |   | 69,014 |   |   | 80.4 | % |   |   |   |   |   |   |
| Gross                  profit                  |   |   | 16,677                                                  |   |   | 16.8 | % |   | 16,799 |   |   | 19.6 | % |   | (122 | ) |   | -0.7 | % |
| General,                  selling and          |   |   |                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| administrative                  expenses  |   |   | 8,990                                                   |   |   | 9.0 | % |   | 7,542 |   |   | 8.8 | % |   | 1,448 |   |   | 19.2 | % |
| Operating                  profit              |   |   | 7,687                                                   |   |   | 7.8 | % |   | 9,257 |   |   | 10.8 | % |   | (1,570 | ) |   | -17.0 | % |

|                                               |   |   | **Three                  months ended Mar 31,**   |   |
|----------------------------------------------------|--------|--------|-------------------------------------------------------------|--------|
| **Minerals                    Product Line Sales** |   |   | **2008**                                               |   |   | **2007**  |   |   | **%                  change**  |   |
|                                               |   |   | (Dollars                  in Thousands)                |   |
| Metalcasting                                       |   | $      | 40,678                                                      |   | $ | 36,586 |   |   | 11.2 | % |
| Specialty                  materials               |   |   | 25,663                                                      |   |   | 20,068 |   |   | 27.9 | % |
| Pet                  products                      |   |   | 19,523                                                      |   |   | 16,488 |   |   | 18.4 | % |
| Basic                  minerals                    |   |   | 12,041                                                      |   |   | 10,927 |   |   | 10.2 | % |
| Other                  product lines               |   |   | 1,439                                                       |   |   | 1,744 |   |   | * |   |
|                                               |   |   |                                                        |   |   |   |   |   |   |   |
| Total                                              |   |   | 99,344                                                      |   |   | 85,813 |   |   |   |   |
|                                               |   |   |                                                        |   |   |   |   |   |   |   |
| *                  Not meaningful.                 |   |   |                                                        |   |   |   |   |   |   |   |

----

***Environmental      Segment***

|                                           |   |   | **Three                  Months Ended March 31,**  |   |
|------------------------------------------------|--------|--------|---------------------------------------------------------|--------|
| **Environmental**                              |   |   | **2008**                                           |   |   | **2007**  |   |   | **2008                  vs. 2007**  |   |
|                                           |   |   | (Dollars                  in Thousands)            |   |
| Net                  sales                     |   | $      | 58,219                                                  |   |   | 100.0 | % | $ | 48,698 |   |   | 100.0 | % | $ | 9,521 |   |   | 19.6 | % |
| Cost                  of sales                 |   |   | 38,798                                                  |   |   | 66.6 | % |   | 31,163 |   |   | 64.0 | % |   |   |   |   |   |   |
| Gross                  profit                  |   |   | 19,421                                                  |   |   | 33.4 | % |   | 17,535 |   |   | 36.0 | % |   | 1,886 |   |   | 10.8 | % |
| General,                  selling and          |   |   |                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| administrative                  expenses  |   |   | 13,450                                                  |   |   | 23.1 | % |   | 11,292 |   |   | 23.2 | % |   | 2,158 |   |   | 19.1 | % |
| Operating                  profit              |   |   | 5,971                                                   |   |   | 10.3 | % |   | 6,243 |   |   | 12.8 | % |   | (272 | ) |   | -4.4 | % |

|                                 |   |   | **Environmental                    Product Line Sales**Three months ended Mar                  31,  |   |
|--------------------------------------|--------|--------|----------------------------------------------------------------------------------------------------------|--------|
|                                 |   |   | **2008**                                                                                            |   |   | **2007**  |   |   | **%                  change**  |   |
|                                 |   |   | (Dollars                  in Thousands)                                                        |   |
| Lining                  technologies |   | $      | 32,495                                                                                                   |   | $ | 23,992 |   |   | 35.4 | % |
| Building                  materials  |   |   | 19,995                                                                                                   |   |   | 19,583 |   |   | 2.1 | % |
| Other                  product lines |   |   | 5,729                                                                                                    |   |   | 5,123 |   |   | * |   |
| Total                                |   |   | 58,219                                                                                                   |   |   | 48,698 |   |   |   |   |
|                                 |   |   |                                                                                                     |   |   |   |   |   |   |   |

----

***Oilfield      Services Segment***

|                                           |   | **Three                  Months Ended March 31,**  |   |
|------------------------------------------------|--------|---------------------------------------------------------|--------|
| **Oilfield                  Services**         |   | **2008**                                           |   | **2007**  |   | **2008                  vs. 2007**  |
|                                           |   | (Dollars                  in Thousands)            |   |
| Net                  sales                     |   | $                  24,143                               |   |  100.0 | % |  $                  21,964 |   |  100.0 | % |  $                  2,179 |   |  9.9% |   |
| Cost                  of sales                 |   |                                                    | 15,441 |   |   | 64.0 | % |   | 14,077 |   |   | 64.1 | % |   |   |   |   |   |   |
| Gross                  profit                  |   |                                                    | 8,702  |   |   | 36.0 | % |   | 7,887 |   |   | 35.9 | % |   | 815 |   |   | 10.3 | % |
| General,                  selling and          |   |                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| administrative                  expenses  |   |                                                    | 4,753  |   |   | 19.7 | % |   | 4,721 |   |   | 21.5 | % |   | 32 |   |   | 0.7 | % |
| Operating                  profit              |   |                                                    | 3,949  |   |   | 16.3 | % |   | 3,166 |   |   | 14.4 | % |   | 783 |   |   | 24.7 | % |

----

***Transportation      Segment***

|                                     |   |   | **Three                  Months Ended March 31,**  |   |
|------------------------------------------|--------|--------|---------------------------------------------------------|--------|
| **Transportation**                       |   |   | **2008**                                           |   |   | **2007**  |   |   | **2008                  vs.                  2007**   |   |
|                                     |   |   | (Dollars                  in Thousands)            |   |
| Net                  sales               |   | $      | 14,350                                                  |   |   | 100.0 | % | $ | 10,893 |   |   | 100.0 | % | $ | 3,457 |   |   | 31.7 | % |
| Cost                  of sales           |   |   | 12,800                                                  |   |   | 89.2 | % |   | 9,615 |   |   | 88.3 | % |   |   |   |   |   |   |
| Gross                  profit            |   |   | 1,550                                                   |   |   | 10.8 | % |   | 1,278 |   |   | 11.7 | % |   | 272 |   |   | 21.3 | % |
| General,                  selling and    |   |   |                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| administrative                  expenses |   |   | 770                                                     |   |   | 5.4 | % |   | 738 |   |   | 6.8 | % |   | 32 |   |   | 4.3 | % |
| Operating                  profit        |   |   | 780                                                     |   |   | 5.4 | % |   | 540 |   |   | 4.9 | % |   | 240 |   |   | 44.4 | % |

***Corporate      Segment***

|                                         |   |   | **Three                  Months Ended March 31,**  |   |
|----------------------------------------------|--------|--------|---------------------------------------------------------|--------|
| **Corporate**                                |   |   | **2008**                                           |   |   | **2007**   |   |   | **2008                  vs.                  2007**   |   |
|                                         |   |   | (Dollars                  in Thousands)            |   |
| Intersegment                  shipping sales |   | $      | (4,647                                                  | )      | $ | (3,640 | ) |   | (1,007 | ) |   |   |   |
| Intersegment                  shipping costs |   |   | (4,647                                                  | )      |   | (3,640 | ) |   |   |   |   |   |   |
| Gross                  profit                |   |   | -                                                       |   |   | - |   |   | - |   |   |   |   |
| General,                  selling            |   |   |                                                    |   |   |   |   |   |   |   |   |   |   |
| and                  administrative expenses |   |   | 5,675                                                   |   |   | 4,512 |   |   | 1,163 |   |   | 25.8 | % |
| Operating                  loss              |   |   | 5,675                                                   |   |   | 4,512 |   |   | 1,163 |   |   | 25.8 | % |

**Liquidity      and capital resources **

----

| **Cash                  Flows****($                  in millions)**  |   | **Three                  Months Ended****March                  31,**   |   |
|----------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------|--------|
|                                                                 |   | **2008**                                                                          |   | **2007** |   |
| Net                  cash provided by (used in) operating activities |   | $                                                                                 | 4.3    |   | $ | 6.3 |   |
| Net                  cash provided by (used in) investing activities |   | $                                                                                 | (25.0  | ) | $ | (41.0 | ) |
| Net                  cash provided by (used in) financing activities |   | $                                                                                 | 27.4   |   | $ | 40.4 |   |

| **Financial                  Position****($                  in millions)** |   | **As                  at**   |   |
|-----------------------------------------------------------------------------|--------|----------------------------------------|--------|
|                                                                        |   | **March                  31,****2008** |   | **December                  31,****2007** |   |
| Working                  capital                                            |   | $                                      | 233.1  |   | $ | 202.5 |   |
| Goodwill                  & intangible assets                           |   | $                                      | 100.1  |   | $ | 101.1 |   |
| Total                  assets                                               |   | $                                      | 687.6  |   | $ | 652.1 |   |
|                                                                        |   |                                   |   |   |   |   |   |
| Long-term                  debt                                             |   | $                                      | 198.4  |   | $ | 164.2 |   |
| Other                  long-term obligations                                |   | $                                      | 35.1   |   | $ | 33.5 |   |
| Stockholder's                  equity                                       |   | $                                      | 360.0  |   | $ | 352.3 |   |

----

**Contractual      Obligations and Off-Balance Sheet Arrangements (in      millions)**

**Item      3:**
**Quantitative      and Qualitative Disclosures About Market Risk**

**Item      4:**
**Controls      and Procedures**

**Evaluation      of Disclosure Controls and Procedures**

**Changes      in Internal Control Over Financial Reporting**

----

**PART      II - OTHER INFORMATION**

**Item      1A:**
**Risk      Factors**

**Item      2:**
**Unregistered      Sales of Equity Securities and Use of Proceeds**

| **2008**                                              |   | **Total                        Number of**Shares Repurchasedas Part of the                    StockRepurchase Program |   | **Average**Price                    PaidPer Share |   | **Maximum                        Value of**Shares that May Yet BeRepurchased                    Under theProgram  |   |
|-------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------|--------|
| Balance                  at the beginning of the year |   |                                                                                                                  |   |                                              |   | $                  8,593,575                                                                                           |   |
| Activity                  in 2008 calendar month of:  |   |                                                                                                                  |   |                                              |   |                                                                                                                   |   |
| January                                               |   |                                                                                                                  | 60,000 |                                              | $      | 25.35                                                                                                                  |   | $ | 7,072,792 |   |
| February                                              |   |                                                                                                                  | 20,000 |                                              | $      | 25.77                                                                                                                  |   | $ | 6,557,434 |   |
| March                                                 |   |                                                                                                                  | -      |                                              | $      | -                                                                                                                      |   | $ | 6,557,434 |   |
|                                                  |   |                                                                                                                  |   |                                              |   |                                                                                                                   |   |   |   |   |
|                                                  |   |                                                                                                                  | 80,000 |                                              | $      | 25.45                                                                                                                  |   | $ | 6,557,434 |   |

**Item      6**
**Exhibits      **

**Exhibit**

**Number**

| 31.1                             | Certification                of Chief Executive Officer Pursuant to Rule                13a-14(a)/15d-14(a)* |
|----------------------------------|--------------------------------------------------------------------------------------------------------------|
| 31.2                             | Certification                of Chief Financial Officer Pursuant to Rule                13a-14(a)/15d-14(a)* |
| 32                               | Certification                of Periodic Financial Report Pursuant to 18 U.S.C. Section                1350* |
| *                Filed herewith. |

----

**SIGNATURES**

** **

|                                                        |                                         |                                                                                  |
|-------------------------------------------------------------|----------------------------------------------|---------------------------------------------------------------------------------------|
|                                                        | AMCOL              INTERNATIONAL CORPORATION |
|                                                   |                                    |                                                                             |
| Date:  May              9, 2008    | By:                                | /s/ Lawrence              E. Washow                          |
|                                                        |                                              | Lawrence                E. WashowPresident                and Chief Executive Officer |

|                                                                |                 |                                                                                                                                                      |
|---------------------------------------------------------------------|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                           |       |                                                                                                                                            |
| Date:  May                9, 2008     | By:   | /s/ Gary                L.                Castagna                                                                     |
|                                                                |                 | Gary                  L. CastagnaSenior                  Vice President and Chief Financial Officerand                  Principal Accounting Officer |
|                                                                |                 |                                                                                                                                                 |

----

**Index      to Exhibits**

| 31.1                             | Certification                of Chief Executive Officer Pursuant to Rule                13a-14(a)/15d-14(a)* |
|----------------------------------|--------------------------------------------------------------------------------------------------------------|
| 31.2                             | Certification                of Chief Financial Officer Pursuant to Rule                13a-14(a)/15d-14(a)* |
| 32                               | Certification                of Periodic Financial Report Pursuant to 18 U.S.C. Section                1350* |
| *                Filed herewith. |

----