KaMin sets energy surcharge policy for paper markets in 2011

MACON, GA, Nov. 16, 2010 (Business Wire) - KaMin LLC announces that its 2011 energy surcharge policy, effective January 1, 2011 will remain unchanged from the KaMin 2010 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.

"Natural gas prices have been unusually low in 2010 and the Energy Information Administration anticipates that high storage levels and resilient domestic production will keep prices around $4/MMBTU throughout 2011," said Tom Anderskow, Commercial Vice President.