Wednesday, July 27, 2011
Huber Engineered Materials Announces Global Price Increase for Precipitated Silicas and Silicates
ATLANTA - Wednesday, July 27th 2011 [ME NewsWire]
(BUSINESS WIRE)-- Huber Engineered Materials, a division of the J.M. Huber Corporation, today announced a global price increase for its precipitated silicas and silicates. The increase is effective beginning Sept. 1, 2011, or as current contracts allow. Prices will increase up to eight percent.
The increase has become necessary due to increasing costs in raw materials, energy, freight, labor and manufacturing.
About Huber Engineered Materials
Huber Engineered Materials, headquartered in Atlanta, Georgia (U.S.), 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 chemical expertise has resulted in advancing the art in specialty silica and silicates, aluminum trihydroxide, 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, New Jersey, 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 $2 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.
Huber Engineered Materials
Keith Sorrell, 678-247-2730