KaMin and Cadam announced a price increase of up to 10% on their kaolin products effective January 1, 2025.
While inflationary pressures have moderated, the companies continue to be impacted by escalating costs in mining, environmental and regulatory compliance requirements, higher electricity rates in both the US and Brazil, and continued pressures in the labor market.
KaMin and CADAM are working to reduce the impact of these inflationary pressures through continuous improvement projects, but those initiatives have not been able to offset all the external cost pressures. To ensure the companies can continue to provide quality products and services, they are passing a portion of these costs on to customers. This action will also support investments in the companies' multi-asset, multi-site, multi-region capabilities to reduce the risk of supply interruption for our customers.
KaMin and CADAM are recognized as global leaders that enhance the performance of everyday products through innovative mineral solutions. With more than 100 years of experience and nearly 1,000 employees worldwide, the companies deliver performance mineral solutions for a broad spectrum of end-use markets including building & construction, automotive, agriculture, health and beauty, packaging, and specialty and graphic paper.