Huber Engineered Materials, part of J.M. Huber Corporation, today announced a price increase for its alumina trihydrate (ATH) grades.
The increase will be effective July 15, 2008, or as current contracts allow. Pricing for packaged ATH items will be increased $25 ton ($0.0125 per pound) and bulk items will increase $23 ton ($0.0115 per pound).
"Huber´s ATH business has worked diligently to improve productivity and processing efficiencies to minimize the impact of continued rising raw material, energy, packaging and freight costs," said Don Mills, ATH director of sales. "Unfortunately, despite these efforts, a price increase is necessary to ensure the high level of product quality and consistency and industry–leading service our customers expect."
ATH is a non–halogen flame retardant used in a variety of reinforced plastics, carpet backing, cast polymer, coatings, adhesives, insulator and wire and cable jacketing applications.
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 science and product modification techniques have resulted in advancing the art in specialty silica and silicates, alumina trihydrate, magnesium hydroxide, 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.