KaMin LLC and Cadam SA recently announced that it will increase prices for their performance minerals in their global markets 4-9% effective January 1, 2021, or as markets and contracts allow. These increases will vary depending on product, packaging, and delivery terms.
This price increase is necessary to offset increasing operational and mining costs, logistics costs, and the increasing costs of environmental and global product compliance requirements.
The increase also supports KaMin/CADAM’s key strategic investments to ensure it delivers on its vision to be the global leader in performance minerals.
KaMin and Cadam are enterprises with more than 90 years of experience in delivering performance mineral solutions in a broad spectrum of end-use markets, including building and construction, automotive and catalyst, agriculture, health and beauty, packaging, and specialty & graphic paper. The company mines, produces, and distributes its products from its three US plants located in Georgia – Macon, Sandersville, and Wrens – and internationally at production and converting facilities in South America (Brazil) and Europe (Belgium).
The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.
A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has
demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.
As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.
The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.
Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.
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