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IMERYS PERFORMANCE ADDITIVES DIVISION ANNOUNCES A SIGNIFICANT PRICE INCREASE IN JANUARY 2018

Imerys Performance Additives Division will initiate a substantial price increase, effective......

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IMERYS PERFORMANCE ADDITIVES DIVISION ANNOUNCES A SIGNIFICANT PRICE INCREASE IN JANUARY 2018

Imerys Performance Additives Division will initiate a substantial price increase, effective January 2018, or as contracts allow. This decision is driven by the significant increase in transport, packaging, energy, mining, labor and maintenance costs.

To ensure its long-term sustainability, Imerys Performance Additives continuously invests to add capacity to meet market demand, renew equipment to improve productivity and meet increasingly stringent Health, Safety and Environmental standards, implement best-in-class Quality and Traceability protocols and support innovation. 

In spite of on-going and intensive cost control efforts, Imerys Performance Additives cannot continue to absorb these cost increases and will consequently raise its prices in January 2018.

Imerys Performance Additives Division remains committed to offering world class customer service and quality products.

 

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Integrating SD into all we do

 

We don't just talk about Sustainable Development - we incorporate sustainable values into our everyday business decisions.


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Sustainable Development is an essential component of the Imerys Group's long term strategy to support growth while promoting environmental stewardship and social responsibility. We are committed to being a careful caretaker of the environment and regularly assess the quality of our environmental management systems and take initiative to control and mitigate any possible environmental risk.

To create and protect stakeholder value, we implement the following principles in three key areas:

SOCIAL:

  • Safety and Health: develop a proactive safety and health culture by implementing the three pillars of the Imerys Safety System: compliance, continuous improvement and communication.
  • Human Resources: develop the professional and personal capabilities of our employees, provide them with appropriate benefits, promote workplace diversity and maintain industrial relations by fostering an environment of mutual respect.
  • Communities: build positive relationship with communities around our sites and contribute to local social and economic development.
  • Human Rights: respect fundamental human rights by referring to core international conventions and the Universal Declaration of Human Rights, and take particular actions to avoid child labor and forced labor.
     

ENVIRONMENT:

  • Management Systems: assess relevant environmental risks and continually improve control measures to reduce adverse environmental impacts.
  • Resource Efficiency: apply advanced technologies and promote operational excellence to maximize the sustainable use of raw materials and other natural resources, such as land, energy and water.
  • Biodiversity: preserve and create biodiversity value by enhancing rehabilitation of mines during their life spans with the aim of harmonizing with local ecosystems.
  • Green Innovation: factor environmental benefits into the research and development of products, processes and services to reduce our environmental footprint throughout the product life cycle.
     

GOVERNANCE:

  • Corporate Governance: respect and implement best corporate governance practices in an manner that is consistent with similar listed companies.
  • Ethics and Business Conduct: promote and regulate ethical business behavior within the Group through the deployment of appropriate policies and protocols; and monitor their efficient and compliant implementation.
     

Each operation is responsible for  allocating necessary resources to transform these global principles into concrete local actions. In order to ensure that high standards of responsibility and accountability are being maintained, the Group drives continuous improvement through periodical reviews.