Atlanta, Georgia, United States
Huber Engineered Materials, part of J.M. Huber Corporation, has announced a price increase across its entire "industrial specialties" kaolin clay portfolio in Asia Pacific, Latin America and Europe, Middle East and Africa (EMEA).
The increase is effective November 1, 2006, or as current contracts allow. Many kaolin prices will increase significantly - dependent upon the product grade, volume and form.
According to company officials, Huber Engineered Materials has worked hard to improve its productivity and processing efficiencies in an effort to maintain cost competitive products and services.
With raw materials, energy, transportation and other costs continuing to rise, officials said the price increase is necessary to offset these costs while continuing to ensure on-time deliveries and industry-leading customer service. In August, Huber officials also announced a re-structuring of its Macon kaolin manufacturing facility.
For more information, please visit www.hubermaterials.com.
About Huber Engineered Materials
Huber Engineered Materials develops engineered specialty ingredients that enhance the performance, appeal and processing of a broad range of products used in industrial, paper and consumer-based applications. Its inorganic science and product modification techniques have resulted in advancing the art in specialty silica and silicates, alumina trihydrate, magnesium hydroxide, kaolin clay, barium sulfate and natural calcium carbonate.
Headquartered in Atlanta, Huber Engineered Materials has offices in 15 countries. For more information, see www.hubermaterials.com.
About J.M. Huber Corporation
J.M. Huber Corporation, headquartered in Edison, NJ, is a diversified, multinational supplier of engineered materials, natural resources and technology-based services to customers spanning many industries from paper and energy to plastics and construction. With announced sales exceeding $2-billion, J.M. Huber Corporation is one of the largest family-owned companies in the United States. The company offers total solutions in inorganic chemistry, engineered wood composites and other specialties. For more information, see www.huber.com.
CONTACT: Huber Engineered Materials Tim J. Butler 678-247-7328 tbutler@huber.com
Source: Business Wire (Business Wire India)