MARTINSWERK ANNOUNCES GLOBAL PRICE INCREASE FOR ITS ALUMINUM OXIDES AND HALOGEN-FREE FIRE RETARDANT ADDITIVES

Bergheim, Germany, 1 November 2018 – Martinswerk, part of the Huber Engineered Materials division of J.M. Huber Corporation, announces a global price increase of up to 15 percent depending on product grade and packaging for its Martoxid® and Compalox® aluminum oxides, Martinal® fine precipitated hydrates and all other alumina trihydrate (ATH) grades effective 1 December 2018 or as current contracts allows.

Prices for MAGNIFIN® magnesium hydroxide will be increased in the mid-single digit percent range. 

Extreme tightness in the supply of chemical grade alumina hydrate has resulted in significant cost increases.  In addition, increases in the costs of other raw materials, energy, CO2 credits and freight are also contributing factors.

Huber | Martinswerk has been a trusted supplier of halogen-free fire retardants and smoke suppressants for almost 40 years, manufacturing a large portfolio of value-added Hydral®, Hymod®, Martinal®, Micral®, MoldX® and SB alumina trihydrates; MAGNIFIN®, Zerogen® and Vertex® magnesium hydroxides; and Kemgard® molybdate compounds for a variety of end-use applications, including reinforced polyester molding and pultrusion, engineering thermoplastics, roofing, silicone rubber, wire and cable, coatings and carpet backing.  In addition, 
Huber | Martinswerk produces Martoxid® calcined aluminum oxides, Compalox® specialty oxides and Pergopak® carriers and matting agents.

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About Huber Engineered Materials (www.hubermaterials.com)
Huber Engineered Materials, headquartered in Atlanta, Georgia (U.S.), is a global business focused on specialty ingredients that enhance the performance, appeal and processing of a broad range of products used in industrial, paper and consumer-based applications.  With an expertise in inorganic materials, it has a portfolio of high value products: organic carriers and matting agents, specialty aluminas and oxides, alumina trihydrate, magnesium hydroxide, engineered molybdate compounds and industrial, food and USP calcium carbonate.

About J.M. Huber Corporation (www.huber.com)
J.M. Huber Corporation, headquartered in Edison, New Jersey (U.S.), operates a portfolio of companies with a focus on its core engineered materials businesses.  Founded in 1883, today Huber is one of the largest family-owned companies in the U.S.  The diversified, multinational company creates products that are used in a broad range of consumer and industrial applications, including personal care, food, beverage, pharmaceuticals and building materials.

Contact:

Keith Sorrell
Huber Engineered Materials
+1 (678) 247-2730
keith.sorrell@huber.com