KaMin LLC Announces Price Increase for Paper and Packaging Grade Kaolin Clays
MACON, Ga., November 1, 2017 (Newswire.com) - KaMin LLC announced today that it will increase prices for kaolin clay products for the global paper and packaging industry 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.
Source: KaMin LLC