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[December 2008]
Imerys PM in North America Raises Prices
Imerys Performance Minerals North America (Atlanta, GA, USA) has announced increase adjustments to current pricing levels, subject to any provisions in individual contracts. The price increases, depending on product line, will range from 4% to 12%.
“During the past 12 months the global market has seen unprecedented volatility in the costs of raw materials, transportation and energy. While most recently we have seen relief in certain areas such as natural gas and oil based derivatives, we continue to absorb significant increases in areas of electricity and cost of mining and processing that we have been unable to offset with these recent reductions,” said Damien Caby, Vice President and General Manager, Performance Minerals, North America.
“Considering these current dynamics, Imerys must pass on some of these cost increases to its customer base in order for us to continue to be a long-term sustainable partner.”
The company said that it continued with its aspiration to be the market leader in mineral products by offering customers cost effective and value-adding alternatives in their products.
Imerys is described as the world’s leading producer of industrial performance minerals. The Performance Minerals North America portfolio includes calcium carbonate and kaolin products, which are used in a wide variety of demanding industrial and consumer applications such as building & construction, rubber, adhesives, caulks, sealants and coatings.
ENDS