IMERYS Performance Minerals & Pigments Asia Pacific to Increase Ground Calcium Carbonate Prices
Posted on: Tuesday, 6 November 2007, 06:00 CST
IMERYS Performance Minerals & Pigments Asia Pacific will raise prices on all ground calcium carbonate (GCC) products by an average of 15% with effect from December 1, 2007, as contracts allow. The increase will apply to marble chips and all associated processed products, including GCC powders and slurry, throughout the Asia Pacific region.
Significant cost pressures in mining, local logistics, chemicals and ocean freight are key drivers for the announced price increase. Despite Imerys' continued efforts to offset these increasing costs, this price increase is necessary to achieve a sustainable pigment and marble raw material business and meet the demands of our customers.
Notes to editors:
IMERYS Performance Minerals & Pigments is a business group created by the merger of Performance Minerals and Pigments for Paper activities.
The Performance Minerals activity provides customers with tailor-made solutions in a highly technical field, based on the processing of kaolins, carbonates, feldspar, mica and ball clays. The development of partnerships with customers is essential within the value-added markets of performance minerals comprising plastics, rubber, coatings, adhesives, caulks and sealants, health, beauty & nutrition.
As a world leading producer of white pigments, manufacturing kaolin, ground calcium carbonate (GCC) and precipitated calcium carbonate (PCC), the business group also serves the needs of the international paper industry. We offer tailor made solutions to our customers, combining a strong technical understanding of our products and their applications, to compliment the natural value of the minerals we supply. We have a world class team striving for superior products and technical excellence.
IMERYS Performance Minerals & Pigments employs 4,733 people, operates 80 industrial sites in 22 countries and represents 35% of Imerys' overall revenue.
Source: Business Wire
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