October 22, 2018
Imerys Kaolin has announced price increases for its hydrous and calcined kaolins for paper, board and performance minerals applications.
Increases will be effective from Jan. 1, 2019 and are subject to provisions in individual contracts.
Prices for hydrous kaolins will increase typically between four and nine per cent and prices for calcined kaolins will increase typically between six and 11 per cent.
Individual customers will be notified details of specific increase in due course.
According to a company press release, “Despite continued progress from Imerys’ internal efficiency programs, it is not possible to mitigate the significant impacts of escalating energy costs and increasing inflationary pressures on general mining, manufacturing, regulatory and environmental compliance costs.”
This year has seen a decrease in the stability of consistent supply for many process chemicals, further driving exceptional cost increases, with customers purchasing on a delivered basis potentially seeing additional adjustments necessary to mitigate step changes in global and regional freight markets experienced through 2018 and into 2019.
Performance mineral applications include coatings, polymers, adhesives, and pharmaceuticals.