KaMin LLC Announces Price Increase for Paper and Packaging Grade Kaolin Clays
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.
https://www.prnewswire.com/news-releases/kamin-llc-announces-price-increase-for-paper-and-packaging-grade-kaolin-clays-300547018.html