Thiele to Boost Price of Kaolin Products for 2008
Nov. 15, 2007 - Thiele Kaolin Company said that it will implement a price increase on kaolin products for all markets, effective January 1, 2008.
The amount of the increase will vary depending on the grade of kaolin with the price of some grades increasing by 10%, Thiele said.
“Escalations in energy, chemicals, basic materials and transportation costs have made it necessary for Thiele to raise prices,” said Eric Tillirson, vice president of Sales and Marketing.
“Thiele continues to aggressively pursue cost reduction efforts through capital investments and a variety of internal programs with the goal of minimizing the need for future price increases," he added.
SOURCE: Thiele Kaolin Company