TOULOUSE, France—Imerys Performance Additives Division is introducing a "substantial" price increase on its talc, mica and wollastonite-based materials beginning in January or as contracts allow.
Products impacted by the price increase include those sold to the rubber industry, a company spokeswoman said.
In a news release, the company did not elaborate on how much prices would rise, but noted that the decision was driven "by the significant rise in freight, energy, packaging, mining, and labor and maintenance costs in 2018." Imerys expects theses trends to continue in 2019.
"In spite of intensive efficiency and cost control efforts," the company said, "Imerys Performance Additives cannot continue to absorb these cost increases."