KaMin sets price increase for paper grade kaolin clays for Jan. 1; energy surcharge unchanged

MACON, GA, Nov. 16, 2011 (Globe Newswire) - KaMin LLC announced today that it will increase prices for kaolin clay products for the global paper industry effective January 1, 2012, or as contracts allow. KaMin is committed to investing the necessary resources in technology, innovation and people for long-term sustainability in order to continue to serve its paper customers at a high level. KaMin's goal is to create the greatest value for its paper customers through partnerships geared towards delivering cost effective solutions designed to reduce coating formulation cost and to optimize paper and printing performance.

KaMin LLC also announces that its 2012 energy surcharge policy, effective January 1, 2012 will remain unchanged from the KaMin 2011 energy surcharge policy. The threshold of $6/MMBTU and incremental surcharges by product type will remain the same. This policy applies to all slurry, spray-dried hydrous and calcined kaolin grades sold to the paper industry globally.

KAMIN LLC

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

KaMin mines and produces its kaolin exclusively in the U.S. 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.