Imerys to increase kaolin and calcium carbonate prices by 5 to 7% effective Jan 1, 2011

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Imerys to increase kaolin and calcium carbonate prices by 5 to 7% effective Jan 1, 2011

November 05, 2010 - 04:21
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ATLANTA, GA, Nov. 5, 2010 (Business Wire) -IMERYS Pigments for Paper North America announces price increases for kaolin and calcium carbonate, effective January 1, 2011, 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%. The prices of ground calcium carbonate (GCC) will increase by 5%. The natural gas trigger price for the kaolin energy surcharge program will continue to be $5.00 per MMBtu for all non-contract customers.

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 pigment business.

Imerys Pigments for Paper 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.