KaMin LLC announces global price increase for their Kaolin Performance Minerals

Increased prices effective from January 2021

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KaMin
Image: www.kaminllc.com

KaMin LLC and Cadam SA recently announced that it will increase prices for their performance minerals in their global markets 4-9% effective January 1, 2021, or as markets and contracts allow. These increases will vary depending on product, packaging, and delivery terms.

This price increase is necessary to offset increasing operational and mining costs, logistics costs, and the increasing costs of environmental and global product compliance requirements.

The increase also supports KaMin/CADAM’s key strategic investments to ensure it delivers on its vision to be the global leader in performance minerals.

KaMin and Cadam are enterprises with more than 90 years of experience in delivering performance mineral solutions in a broad spectrum of end-use markets, including building and construction, automotive and catalyst, agriculture, health and beauty, packaging, and specialty & graphic paper. The company mines, produces, and distributes its products from its three US plants located in Georgia – Macon, Sandersville, and Wrens – and internationally at production and converting facilities in South America (Brazil) and Europe (Belgium).

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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