10.29.18
Beginning Jan. 1, 2019, or as customer contracts allow, Omya will increase the price of its calcium carbonate products 7-9% in the U.S. and Canada.
Omya has been facing significant cost pressures from escalating raw material, chemical, energy, transportation costs and overall inflation across all regions in 2018; This is expected to continue.
Omya is dedicated to continually increasing investments in production capabilities, supply chain efficiencies, productivity improvements, expense control, digitization and operational excellence to offset these costs.
However, these actions and cost savings initiatives only allowed partial coverage to these significant and unprecedented cost inflations. Thus, it has become necessary to implement a 7-9% price increase on calcium carbonate products, depending on the grade, in the U.S. and Canada, exclusive of agreements already in place.
Omya has been facing significant cost pressures from escalating raw material, chemical, energy, transportation costs and overall inflation across all regions in 2018; This is expected to continue.
Omya is dedicated to continually increasing investments in production capabilities, supply chain efficiencies, productivity improvements, expense control, digitization and operational excellence to offset these costs.
However, these actions and cost savings initiatives only allowed partial coverage to these significant and unprecedented cost inflations. Thus, it has become necessary to implement a 7-9% price increase on calcium carbonate products, depending on the grade, in the U.S. and Canada, exclusive of agreements already in place.