Atlanta, United States
Huber Engineered Materials (HEM), part of J.M. Huber Corporation, announced a price increase for its specialty grade silica and silicates.
The increase is effective Feb. 1, 2008, or as current contracts allow. Prices will increase an average of five to eight percent - dependent upon the product grade and form. Increases in energy, raw materials costs and rising investments in meeting regulatory requirements cannot be offset by continuing productivity improvements and production efficiencies, Huber officials said.
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 expertise has 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.
Source: Business Wire (Business Wire India)