Omya, a producer of industrial minerals, informed Monday about a price increase of 7 – 9% for its Calcium Carbonate products in the US and Canada, from the start of the next year.
Omya said it has been facing significant cost pressures from escalating raw material, chemical, energy, transportation costs and overall inflation across all regions in 2018, which is expected to continue.
However, these actions and cost savings initiatives only allowed partial coverage to these significant and unprecedented cost inflations, Omya said. Therefore it had to implement this price increase on Calcium Carbonate products, depending on the grade, in the US and Canada, except for the agreements it already has.