Brussels - Imerys Pigments for Paper will raise global kaolin prices for its pigments for paper product lines effective December 1, 2007 as contracts allow.
Kaolins manufactured in the USA and Brazil , including calcined products will increase by an average of 12 percent. Energy surcharges will remain in effect for all kaolin products.
Significant cost pressures in logistics, chemicals, mining, fuel, and power are key drivers for the announced price increases. Despite Imerys' continual investment to mitigate these effects, price increases are necessary to achieve a sustainable pigment business and meet the demands of the paper industry.
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Press release from Imerys