Kaolin Companies

Kaolin Market

November 2023-KaMin and CADAM today announced a price increase of up to 9% on their kaolin products to all markets effective January 1, 2024, or as contracts allow. The companies continue to be impacted by significant inflationary pressures across their global operational footprint.  Increases in mining costs, higher environmental and regulatory compliance requirements, significant increases in electricity rates in both the US and Brazil, as well as ongoing pressures in the labor market are impacting their business.  There has been some relief in export logistics costs for certain lanes, but local logistics continue to escalate in both Europe and the US.  These supply chain cost increases are also being driven by labor costs as well as longer delivery times for rail customers. KaMin and CADAM are working diligently to mitigate the impact of these costs through continuous improvement initiatives and by challenging vendors to do the same. Still, to date, these efforts have not been able to keep pace with external cost pressures.  As such, the companies have to pass through these costs to customers to ensure that companies can continue to invest capital and deliver the quality service and products that their customers expect. Customers will be contacted directly with specifics on their increase, including any additional logistics or handling costs beyond product increases.   

The Kaolin market major player such as Imerys S.A. (France), Ashapura Group (India),  BASF SE (Germany),  EICL Limited (India), SCR-Sibelco N.V. (Belgium),  KaMin LLC (U.S.), Thiele Kaolin Company (U.S.), LASSELSBERGER Group (Hungary), Quarzwerke GmbH (Germany), minerals inc. (Canada), 20 Microns Limited (India), R. Grace & Co. (U.S.),   Shree Ram Group (India), and others