Imerys Performance Minerals will increase Calcium Carbonate, Kaolin and Mica prices in Europe effective December 1, 2010, or as current price agreements expire.
Calcium Carbonate products will increase 4-8%; Kaolin products will increase 4-8%; European Mica products will rise 4-8%; and U.S. Mica products will increase 4-10%.
Imerys Performance Minerals continues to incur significant escalation in mining, regulatory, fuel, power, chemical and packaging costs. Despite success with ongoing programs to improve productivity and manage overall costs, this price increase is required to invest in new products, technology and people.As a market leader in mineral products, Imerys is committed to offering its customers cost-effective and value-adding solutions to numerous formulations.
Each customer will be duly notified on a case by case basis of such increase in due course.