KaMin LLC Announces Price Increase for Paper Grade Kaolin Clays
KaMin LLC
16.11.2011 22:01
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MACON, Ga., 2011-11-16 22:00 CET (GLOBE NEWSWIRE) --
KaMin LLC announced today that it will increase prices for kaolin clay products
for the global paper industry effective January 1, 2012, 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 2012 energy surcharge policy, effective
January 1, 2012 will remain unchanged from the KaMin 2011 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 U.S. 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@kaminllc.com
News Source: NASDAQ OMX
16.11.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory 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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KaMin LLC
16.11.2011 22:01
---------------------------------------------------------------------------
MACON, Ga., 2011-11-16 22:00 CET (GLOBE NEWSWIRE) --
KaMin LLC announced today that it will increase prices for kaolin clay products
for the global paper industry effective January 1, 2012, 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 2012 energy surcharge policy, effective
January 1, 2012 will remain unchanged from the KaMin 2011 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 U.S. 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@kaminllc.com
News Source: NASDAQ OMX
16.11.2011 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory 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
---------------------------------------------------------------------------
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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