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KaMin to increase prices for paper and packaging grade kaolin clays by 5%, effective Jan 1, 2018

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KaMin to increase prices for paper and packaging grade kaolin clays by 5%, effective Jan 1, 2018

November 01, 2017 - 08:24
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MACON, GA, Nov. 1, 2017 (PRNewswire) -KaMin LLC announced today that it will increase prices for kaolin clay products for the global paper and packaging industry by 5 percent effective Jan. 1, 2018, or as contracts allow. "This price increase is necessary to ensure our long-term sustainability," stated Mark Gillespie, Vice President of Commercial. "KaMin has continued to invest to meet regulatory requirements, as well as continued increases in labor, energy and freight/logistics costs."

KaMin LLC also announces that its energy surcharge policy will remain unchanged. The threshold of $5/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.