11.05.18
Beginning January 2019 or as contracts allow, Imerys Performance Additives Division will apply a “substantial” price increase.
This decision is driven by the significant rise in freight, energy, packaging, mining, and labor and maintenance costs in 2018, a trend which is expected to continue in 2019.
In spite of intensive efficiency and cost control efforts, Imerys Performance Additives cannot continue to absorb these cost increases.
It, therefore, has no alternative but to raise its prices in order to ensure the long-term sustainability of its business through continuous investment: renewing equipment, meeting increasingly stringent health, safety and environmental, quality and product stewardship standards, and supporting innovation.
This decision is driven by the significant rise in freight, energy, packaging, mining, and labor and maintenance costs in 2018, a trend which is expected to continue in 2019.
In spite of intensive efficiency and cost control efforts, Imerys Performance Additives cannot continue to absorb these cost increases.
It, therefore, has no alternative but to raise its prices in order to ensure the long-term sustainability of its business through continuous investment: renewing equipment, meeting increasingly stringent health, safety and environmental, quality and product stewardship standards, and supporting innovation.
