KaMin ups Prices of Paper Grade Kaolin Clays
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KaMin LLC, MaCON, Ga., USA, this week announced a price increase for kaolin clay products it supplies to the global paper industry, effective January 1or as contracts allow. The company did not specify the amount of the increase. The company also said this week that its 2011 energy surcharge policy, effective January 1, will remain unchanged from the KaMin 2010 energy surcharge policy. The threshold of $6/MM BTU 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.
"Natural gas prices have been unusually low in 2010 and the Energy Information Administration anticipates that high storage levels and resilient domestic production will keep prices around $4/MM BTU throughout 2011," said Tom Anderskow, commercial VP.
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