OFTRINGEN, Switzerland , Oct. 29, 2018 (Press Release) -Omya announces to increase prices for its Calcium Carbonate products in US and Canada by 7 – 9%, effective January 1, 2019 or as customer contracts allow.
Omya has been facing significant cost pressures from escalating raw material, chemical, energy, transportation costs and overall inflation across all regions in 2018, which is expected to continue.
Omya is dedicated to continuing increasing investments in production capabilities, supply chain efficiencies, productivity improvements, expense control, digitization and operational excellence to offset these costs.
However, these actions and cost savings initiatives only allowed partial coverage to these significant and unprecedented cost inflations. Thus, it has become necessary to implement a 7-9% price increase on Calcium Carbonate products, depending on the grade, in the US and Canada, exclusive of agreements already in place, effective January 1, 2019.
Omya remains committed to strengthen technical service and assistance and deliver innovative and cost-effective products and solutions to help mitigate these impacts.
Omya is a leading global producer of industrial minerals – mainly fillers and pigments derived from calcium carbonate and dolomite – and a worldwide distributor of specialty chemicals. The company provides a wealth of product solutions that contribute to its customers' competitiveness and productivity in multiple industries such as Construction, Printing & Writing, Technical Polymers, Packaging, Food, Personal & Home Care, Pharmaceuticals, Agriculture, Forestry, Water and Energy. Founded in 1884 in Switzerland, Omya has a global presence extending to more than 175 locations in over 50 countries with 8,000 employees. Committed to implementing the principals of sustainability at all company levels, Omya provides added value products and services from responsibly sourced materials to meet the essential needs of current and future generations.