DGAP-News: KaMin LLC Announces Price Increase for Paper Grade Kaolin Clays
(firmenpresse) - KaMin LLC
08.11.2013 14:01
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MACON, Ga., 2013-11-08 14:00 CET (GLOBE NEWSWIRE) --
KaMin LLC announced today that it will increase prices for kaolin clay products
for the global paper industry 4 to 7% depending on the product category,
effective January 1, 2014, or as contracts allow. KaMin is committed to
investing the necessary resources in technology, innovation and people for
long-term sustainability in order to continue to serve its paper customers at a
high level. KaMin's goal is to create the greatest value for its paper
customers through partnerships geared towards delivering cost effective
solutions designed to reduce coating formulation cost and to optimize paper and
printing performance.
KaMin LLC also announces that its 2014 energy surcharge policy, which will be
effective on January 1, 2014, will remain unchanged from the KaMin 2013 energy
surcharge policy. The threshold of $6/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
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
askus(at)kaminllc.com
News Source: NASDAQ OMX
08.11.2013 Dissemination of a Corporate News, transmitted by DGAP -
a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: KaMin LLC
United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901810260
WKN:
End of Announcement DGAP News-Service
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Unternehmensinformation / Kurzprofil:
Datum: 08.11.2013 - 14:01 Uhr
Sprache: Deutsch
News-ID 314429
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Kategorie:
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