|
ATLANTA, GA, March 21, 2011 – Huber Engineered Materials, a division of J.M. Huber Corporation, announces a price increase for its industrial calcium carbonate and barium sulfate products. The price increase does not apply to Huber’s food and USP calcium carbonate grades.
The increase is effective April 18, 2011, or as current contracts allow. List prices will increase an average of 6 percent for calcium carbonate products and an average of 9 percent for barium sulfate products, depending on product grade and packaging.
“Huber continues to work diligently to improve productivity and processing efficiencies to minimize the impact of continued rising costs for raw materials, energy, packaging, product development and freight,” says David Riley, General Manager of Huber’s Industrial Calcium Carbonate business unit. “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.”
Huber’s industrial calcium carbonate products are used in a variety of consumer and industrial applications, including adhesives, caulks and sealants; paints and coatings; drilling fluids; rubber; thermoset composites; thermoplastics; swimming pool aggregate; and cultured marble.
###
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, barium sulfate and natural calcium carbonate. 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 of about $1.5 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.
|