Brussels, Germany
IMERYS announces that the prices of selected kaolin products for the global paper industry will increase effective from 1st December 2006, or as contracts allow.
Prices will increase by an average of US$15.00 per dry metric tonne for Georgia hydrous kaolins, US$40.00 per dry metric tonne for calcined kaolins and US$15.00 per dry metric tonne for Brazilian kaolins. An energy surcharge programme based on the price of natural gas will remain in effect, as contracts allow.
Imerys has continued to improve productivity and manage its overall cost base to provide cost-effective products and services to the paper industry. Despite these efforts, the escalation of energy, chemical, mining, transportation and other related costs have continued.
These levels of price increase are necessary to enable Imerys to achieve a sustainable kaolin business that meets the needs of the paper industry, both today and in the future.
ends
6th October 2006
Notes to editors:
IMERYS Pigments for Paper is a world leading producer of white pigments, manufacturing kaolin, ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC). The business group serves the needs of the international paper industry and employs 3024 people, operates 45 industrial sites in 21 countries and represents 25% of Imerys' overall revenue.
CONTACT: IMERYS Pigments for Paper Global Marketing Director Spencer Farmer +44 0 776 664 1967 spencer.farmer@imerys.com
CONTACT: IMERYS Pigments for Paper Global Marketing Director Spencer Farmer +44 0 776 664 1967 spencer.farmer@imerys.com , ,
Source: Business Wire (Business Wire India)