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Markets :: Specialty Chemicals :: Paper chemicals
Imerys Restructures Georgia Unit; Suppliers Boost Prices Further
11:36 AM MDT | July 14, 2008 | Esther D’Amico
Imerys Pigments for Paper North America, a unit of Imerys, says it is restructuring its Middle Georgia kaolin operations at Sandersville, GA, amid slowing demand in the North American paper market. Meanwhile, several paper chemical and mineral suppliers have announced another round of price hikes, which follow other increases in the last year. Off spec: Slow demand and high costs are hurting suppliers. The Sandersville restructuring will result in about 50 job cuts of both company employees and contractors, as well as capacity reductions, Imerys says. “An...
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