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KaMin LLC to Increase Kaolin Prices for Industrial Markets

KaMin LLC Logo

MACON, Ga., Nov. 19, 2012 (GLOBE NEWSWIRE) -- KaMin LLC announces that it will increase prices for kaolin clay products for global industrial markets 4-6% effective January 1, 2013, or as contracts allow. "This price increase is necessary in order to recover cost increases we have experienced in transportation as well as manufacturing, where we have seen escalation in mining, packaging and chemicals," stated Warren McPhillips, Vice President of Commercial. KaMin continues to work diligently on productivity projects and to manage our cost base to offset these inflationary pressures. However, these increases are necessary to recover these additional costs, and to enable us to meet our commitment to create the greatest long term value for our industrial customers through continued investments in people and technology.

KAMIN LLC

KaMin LLC is a manufacturer of high quality hydrous and calcined kaolin. With more than 70 years of experience, KaMin's reserves and proprietary processing technologies produce high quality kaolins for a variety of applications.

KaMin mines and produces its kaolin in the United States and sells its products to all regions of the world. KaMin operates three kaolin plants – Macon, Sandersville and Wrens – and has been recognized not only as a leader in product quality but also in its safe mining practices for many consecutive years.

The KaMin LLC logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12144

CONTACT: Maureen Halstead askus@kaminllc.com

Source:KaMin LLC