Huber Announces Price Increases for Its Specialty Grade Silica and Silicates
Huber Engineered Materials (HEM), part of J.M. Huber Corporation,
today announced a price increase for its specialty grade silica and
silicates.
The increase is effective Feb. 1, 2008, or as current contracts
allow. Prices will increase an average of five to eight percent -
dependent upon the product grade and form. Increases in energy, raw
materials costs and rising investments in meeting regulatory
requirements cannot be offset by continuing productivity improvements
and production efficiencies, Huber officials said.
About Huber Engineered Materials
Huber Engineered Materials develops engineered specialty
ingredients that enhance the performance, appeal and processing of a
broad range of products used in industrial, paper and consumer-based
applications. Its inorganic expertise has resulted in advancing the
art in specialty silica and silicates, alumina trihydrate, magnesium
hydroxide, kaolin clay, barium sulfate and natural calcium carbonate.
Headquartered in Atlanta, Huber Engineered Materials has offices
in 15 countries. For more information, see www.hubermaterials.com.
About J.M. Huber Corporation
J.M. Huber Corporation, headquartered in Edison, NJ, is a
diversified, multinational supplier of engineered materials, natural
resources and technology-based services to customers spanning many
industries from paper and energy to plastics and construction. With
announced sales exceeding $2 billion, J.M. Huber Corporation is one of
the largest family-owned companies in the United States. The company
offers total solutions in inorganic chemistry, engineered wood
composites and other specialties. For more information, see
www.huber.com.