CADAM Announces Global Price Increase for Kaolin Clays
MACON, Ga., November 10, 2017 (Newswire.com) - CADAM SA announced today that it will increase prices for kaolin clay products 5% effective Jan. 1, 2018, or as contracts allow. “This price increase is necessary to ensure our long-term sustainability,” stated Mark Gillespie, vice president of Commercial. “CADAM has continued to invest to meet regulatory requirements, as well as continued increases in labor, energy and freight/logistics costs.”
About KaMin LLC and CADAM S.A. – With 90 years of experience in mining and processing kaolin clay, KaMin delivers value to customers worldwide with high-quality kaolin solutions for the most demanding applications. KaMin mines and produces its kaolin in the U.S. at three Georgia plants – Macon, Sandersville and Wrens – and at its CADAM S.A. subsidiary in Brazil. KaMin has been recognized not only as a leader in product quality and export volumes, but also in its safe mining practices for many consecutive years.
This price increase is necessary to ensure our long-term sustainability. CADAM has continued to invest to meet regulatory requirements, as well as continued increases in labor, energy and freight/logistics costs.
Mark Gillespie, VP of Commercial
Media Contact:
Maureen Halstead
Email: askus@kaminllc.com
Source: CADAM S.A.