UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8‑K

CURRENT REPORT Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934

TOR Minerals International, Inc.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

(361) 883-5591
(Registrant's Telephone Number, Including Area Code)

N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

1

ITEM 2.03             CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT

We entered into a lease agreement schedule (the "Schedule") on December 29, 2006 with Banc of America Leasing and Capital, LLC ("BALC") for equipment related to the production of HITOX.  The lease, in the amount of $177,353, has a term of 60 months with equal installments of $2,961.67.  At the end of the lease term, we can either:  1) return the equipment; 2) extend the lease for a period to be agreed upon by us and BALC for an amount equal to the equipment's fair market rental value as determined by BALC; or 3) purchase the equipment at the then fair market value of the equipment.

The Schedule contains an early buyout provision that grants us the option of purchasing the equipment after payment of the 48th installment for $67,926.201 plus any applicable taxes.

The Schedule is part of a master lease agreement entered into with BALC dated August 9, 2004.

ITEM 9.01             FINANCIAL STATEMENTS AND EXHIBITS

(a)	Financial Statements of Businesses Acquired. Not applicable.
(b)	Pro Forma Financial Information. Not applicable.
(c)	Shell company transaction Not applicable
(d)	Exhibits. The following exhibits are furnished in accordance with the provisions of Item 601 of Regulation S-B:
	Exhibit Number                                  Description    10.1                      Schedule Number 005 to Master Lease Agreement with BALC, dated December 20, 2006    10.2                      Master Lease Agreement with BALC, dated August 9, 2004 (incorporated by reference from Exhibit 10.1 to our Current Report on Form 8-K filed October 6, 2004)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TOR MINERALS INTERNATIONAL, INC. _____________________ (Registrant)
Date: January 4, 2007	/s/ STEVEN H. PARKER
	Steven H. Parker Treasurer and CFO

EXHIBIT INDEX

3