Imerys boosts kaolin and ground calcium carbonate prices
http://www.forbes.com/afxnewslimited/feeds/afx/200 [2008-6-30]
Tag : Calcium Carbonate
PARIS (Thomson Financial) - Industrial minerals company Imerys saidit is boosting its kaolin and calcium carbonate prices immediatelyto keep its paper pigments business sustainable, in response tosurging costs.
Prices of kaolin made in the United States, Brazil, Australia andthe United Kingdom will rise between 10 percent and 15 percent, andan energy and transport surcharge will be imposed for kaolinproducts around the world.
Imerys' North American paper pigments unit is also raising groundcalcium carbonate prices by 10 percent.
The company said the price increases and surcharges 'are necessaryto achieve a sustainable pigment business' as unprecedented costincreases in logistics, chemicals, mining, fuel and poweroutstripped the ability of internal programmes to mitigate theirimpact.
michael.strauss@thomsonreuters.com
mjs/slj
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PARIS (Thomson Financial) - Industrial minerals company Imerys saidit is boosting its kaolin and calcium carbonate prices immediatelyto keep its paper pigments business sustainable, in response tosurging costs.
Prices of kaolin made in the United States, Brazil, Australia andthe United Kingdom will rise between 10 percent and 15 percent, andan energy and transport surcharge will be imposed for kaolinproducts around the world.
Imerys' North American paper pigments unit is also raising groundcalcium carbonate prices by 10 percent.
The company said the price increases and surcharges 'are necessaryto achieve a sustainable pigment business' as unprecedented costincreases in logistics, chemicals, mining, fuel and poweroutstripped the ability of internal programmes to mitigate theirimpact.
michael.strauss@thomsonreuters.com
mjs/slj
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson FinancialNews Content, including by framing or similar means, is expresslyprohibited without the prior written consent of Thomson FinancialNews.
Neither the Subscriber nor Thomson Financial News warrants thecompleteness or accuracy of the Service or the suitability of theService as a trading aid and neither accepts any liability forlosses howsoever incurred. The content on this site, includingnews, quotes, data and other information, is provided by ThomsonFinancial News and its third party content providers for yourpersonal information only, and neither Thomson Financial News norits third party content providers shall be liable for any errors,inaccuracies or delays in content, or for any actions taken inreliance thereon.
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