Huber Engineered Materials, part of J.M. Huber Corporation, today
announced prices for hydrous and calcined clays for the paper industry
will increase by an average of about eight percent. This increase will
not replace Huber´s energy surcharge program and will go into effect
January 1, 2008, or as current contracts permit.
"Huber´s kaolin business continues focusing its efforts on
improving the productivity of its operations to reduce the impact of
rising costs on our customers," said Doug Carter, business director
for paper kaolin. "Over the last year, Huber has optimized its product
portfolio by focusing productivity efforts on its key products and
processes, such as Hydragloss(R) 90, and idling some high cost
capacity at its Macon manufacturing facility. Despite the success of
these initiatives, the continued escalation of oil, gas and
electricity costs and the increased prices of core chemical raw
materials and contracted services have outpaced our efforts. Our price
increase is necessary to ensure we can continue to provide our
customers with the products and services they desire."
For more information, please visit www.hubermaterials.com
Hydragloss(R) 90 is a registered trademark of J.M. Huber
Corporation for kaolin clay.
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.
