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KaMin implements energy surcharge on paper kaolin products


   

MACON, GA, April 11, 2008 (Press Release) - KaMin LLC announced today that it had begun implementing an energy surcharge on its paper kaolin products effective April 1, 2008, or as contracts permit. This surcharge is being applied to its slurry, dry and calcined kaolin products sold across the world.

"Our kaolin business has been under cost pressure for some time and we have taken proactive steps to increase our operating efficiencies that have offset many of these increases. Nevertheless, Kaolin processing continues to be energy intensive and the recent escalation of energy costs including natural gas and oil prices make it necessary to implement these surcharges," said Doug Carter, Business Director for Paper Kaolin, KaMin LLC.

KaMin LLC is an independent kaolin company formed from the former Kaolin Business Unit of Huber Engineered Materials, part of J.M. Huber Corporation. The company, which supplies high-quality kaolin products to paper and industrial customers worldwide, is headquartered in Macon, GA.

About KaMin LLC

KaMin LLC is a manufacturer of high quality hydrous and calcined kaolin. With more than 70 years of experience, KaMin's high quality reserves and proprietary processing technologies produce high quality kaolins for a variety of applications.

KaMin mines and produces its kaolin exclusively in the US and sells its products to all regions of the world. KaMin operates three kaolin plants - Macon, Sandersville and Wrens - and has been recognized not only as a leader in product quality but also in its safe mining practices for many consecutive years.

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By how much will the credit crunch reduce greenfield mill announcements in the next three years compared with the last three years?
  • No noticeable effect
  • Up to 33% fewer new mills announced
  • Up to 66% fewer new mills announced

  • More than 66% fewer new mills announced

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