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Imerys to hike prices by 5 to 7% for kaolin produced in the US and Brazil, effective Jan. 1, 2013

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Imerys to hike prices by 5 to 7% for kaolin produced in the US and Brazil, effective Jan. 1, 2013

December 04, 2012 - 02:38
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ATLANTA, Dec. 4, 2012 (Business Wire) -IMERYS Pigments for Paper and Packaging announces a price increase for kaolin, effective January 1, 2013, subject to any provisions in individual customer contracts.

The prices of kaolin produced in the USA and Brazil, including calcined kaolin products, will increase by 5 to 7%. Cost increases in logistics, mining, chemicals, fuel and power are key factors in this decision. Despite Imerys' continual improvement programs and cost reductions to mitigate these effects, the price increases are necessary to achieve a sustainable business.

IMERYS Pigments for Paper and Packaging is committed to investing in new products and technology to continue to be the market leader in pigment products for paper. Our goal is to offer our customers cost-effective and value-added solutions.

IMERYS Pigments for Paper and Packaging is a world leading producer of white pigments, manufacturing kaolin, talc, ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). The business group serves the needs of the international paper and packaging industries and employs 2,414 people and operates 47 industrial sites in 19 countries, and represents 23% of Imerys' sales.