MACON, Ga., Oct. 1 (Korea Bizwire) — KaMin LLC announced today that it will increase prices for kaolin clay products for the global paper and packaging markets 5-8% effective January 1, 2019, or as contracts allow. “This price increase is necessary to ensure our long term sustainability,” stated Harlan Archer, President. “KaMin has experienced inflation in all aspects of our business and dramatic inflation in chemical and freight costs. KaMin continues to invest in its long term sustainability and regulatory compliance.”
KaMin LLC also announces that its energy surcharge policy will remain unchanged. The threshold of $5/MMBTU and incremental surcharges by product type will remain the same. This policy applies to all slurry, spray-dried hydrous and calcined kaolin grades sold to the paper industry globally.
KaMin LLC is a manufacturer of high quality hydrous and calcined kaolin. With more than 70 years of experience, KaMin’s reserves and proprietary processing technologies produce high quality kaolins for a variety of applications.
KaMin mines and produces its kaolin exclusively in the US and sells its products to all regions of the world. KaMin operates three kaolin plants – Macon, Sandersville and Wrens – and has been recognized not only as a leader in product quality but also in its safe mining practices for many consecutive years.
Contact: Maureen Halstead
Source: KaMin LLC via GLOBE NEWSWIRE