KaMin LLC
CADAM SA Announces Price Increase for Paper Grade Kaolin Clays

KaMin LLC 

20.11.2012 18:56
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MACON, Ga., 2012-11-20 18:56 CET (GLOBE NEWSWIRE) -- CADAM SA announced today
that it will increase prices for kaolin clay products for the global paper
industry 4-6% effective January 1, 2013, or as contracts allow. 'Despite all
efforts to minimize the increases in logistics, chemicals, fuel and energy it
is no longer possible to absorb the escalation of costs,' stated Ernest Gay,
General Manager.  CADAM continues to work diligently on productivity projects
and to manage our cost base to offset these inflationary pressures. However,
these increases are necessary to recover these additional costs, and to enable
us to meet our commitment to create the greatest long term value for our paper
customers through continued investments in people and technology. 

CADAM also advised that their existing energy surcharge policy will remain in
effect. 

About CADAM SA

CADAM S.A. is a leading producer of fine particle kaolin with operations
located in the Amazon region of Brazil. CADAM also has offices and warehouses
in Antwerp, Belgium.   KaMin LLC purchased a majority ownership position in
CADAM in May 2012. 

The CADAM SA logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12753 


         CONTACT:
         Ernest Gay
         55 91 9180 1297
News Source: NASDAQ OMX



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Language:     English
Company:      KaMin LLC
              
               
              United States
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         US9901810260
WKN:          
 
End of Announcement                             DGAP News-Service
 
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