|
ATLANTA, GA, Dec. 2, 2011 — Huber Engineered Materials, a division of J.M. Huber Corporation, announces a price increase for its entire line of alumina trihydrate (ATH), magnesium hydroxide (MDH) and cast polymer products. The increase will be effective Jan. 1, 2012, or as current contracts allow. Prices will increase from three to eight percent depending on product grade, packaging and freight terms.
“Huber continues to work diligently to improve productivity and processing efficiencies to minimize the impact of continued rising raw material, energy, packaging and freight costs,” says Don Mills, Director of Sales for Huber’s Fire Retardant Additives business unit. “Unfortunately, despite these efforts, a price increase is necessary to ensure the high level of product quality and consistency and industry-leading service our customers expect.”
ATH and MDH are non-halogen fire retardant additives used in a variety of reinforced plastics, engineering thermoplastics, rubber, carpet backing, cast polymer, coatings, roofing, adhesives, insulator and wire and cable jacketing applications.
###
About Huber Engineered Materials
Huber Engineered Materials, headquartered in Atlanta, Ga., 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 expertise has resulted in advancing the art in specialty silica and silicates, alumina trihydrate, 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, N.J., 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 sales of about $1.5 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.
|