Active Minerals International (AMI) will increase list prices by 3% for Min-U-Gel® and Florigel HY® gel grade attapulgite products.
The increase is effective January 1, 2019, and is subject to provisions in individual contracts.
Customers purchasing products on a delivered basis will see an additional adjustment due to highly volatile and increasing ocean, truck and rail freight rates.
“The price increase is vital to our efforts in meeting the strong and growing demand for our products,” stated Dennis Parker, President and CEO.
“While AMI regularly invests to maintain its leadership in consistent high-quality products, service and environmental stewardship, this past year has seen an extraordinary rise in many raw materials and services.
“The cost pressures from freight, packaging, labour, health insurance and mining necessitates that we pass on a small part of these cost increases.”
AMI’s products add value to a wide range of applications in paint and coatings, joint tape compounds, drilling muds, adhesives and sealants and many others.
The AMI team is committed to support the growing needs of our customers while providing peace of mind of an uninterrupted supply, on-time shipments and best-in-class customer support.