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ATLANTA, GA (US), November 29, 2021 – The Fire Retardant Additives (FRA) strategic business unit of Huber Engineered Materials (HEM), a business that is part of the J.M. Huber Corporation portfolio of businesses, announces a price increase for all product lines. The increase is effective January 1, 2022, or as current contracts allow.
Huber is working diligently to reduce unprecedented rising inflation costs and is constantly exploring avenues to best curb the dramatic increases we are currently experiencing in raw materials, natural gas, electricity, packaging materials, carbon credits and (ocean) freight. Huber is committed to securing supply to customers despite current supply chain challenges and being a long-term sustainable partner who continues to invest in new product development, technology, sustainability and people to continue its market leadership position.
The FRA business operates four manufacturing sites in North America and two in Europe.
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About Huber Engineered Materials Fire Retardant Additives Business (www.hubermaterials.com/nofire)
Huber Engineered Materials (HEM) is a global leader in the production of fine precipitated alumina trihydrate and magnesium hydroxide, both halogen-free fire retardants. HEM has been a trusted supplier of non-halogenated flame retardants and smoke suppressants for almost 40 years, manufacturing a large portfolio of value-added MARTINAL®, Hydral®, Hymod® and Micral® alumina trihydrate, MAGNIFIN®, Vertex® and Zerogen® magnesium hydroxide and Kemgard® molybdate compounds for a variety of end-use applications, including reinforced polyester molding and pultrusion, engineering thermoplastics, roofing, silicone rubber, wire and cable, coatings and carpet backing. In addition, HEM produces MARTOXID® calcined aluminum oxides, COMPALOX® specialty oxides and PERGOPAK® carriers and matting agents.
About J.M. Huber Corporation (www.huber.com)
J.M. Huber Corporation, headquartered in Edison, New Jersey (US), operates a diverse portfolio of companies: Huber Engineered Materials, Huber Engineered Woods, CP Kelco and Huber Resources Corp. With locations around the world, our businesses create products used in a broad range of applications including agriculture, building materials, food and beverage, industrial, personal care and sustainable forestry services. Founded in 1883, Huber is one of the largest family-owned companies based in the US.
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