Imerys increases global kaolin prices
BRUSSELS, June 6, 2008 (Press Release) - Imerys Pigments for Paper raises prices for all kaolin products effective immediately.
Kaolin manufactured in the USA, Brazil, Australia and the UK, including calcined products, will increase in price by 10-15%. In addition to this announced increase, energy & transportation surcharges will apply, around the world, for kaolin products in all forms.
Unprecedented cost increases in logistics, chemicals, mining, fuel, and power are key factors in this decision. Despite Imerys' continual improvement programs to mitigate these effects, price increases and surcharges are necessary to achieve a sustainable pigment business.