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Almatis Announces Price Adjustments (11/21/06)

November 21, 2006
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Effective November 15, Almatis raised prices on its entire specialty alumina product range for refractory, ceramic and polishing applications. Price increases range from between 8-15% on a global basis and are effective for all new contracts placed after November 15.

"Increases in logistics, energy and material costs continue to be a critical price determinant. However, these price adjustments will allow Almatis to remain the largest investor in the industry. As with our $18 million investment in our new fully integrated tabular alumina facility in Qingdao, China, we aim to continuously upgrade and expand our production capacities to ensure the supply of our premium aluminas to customers worldwide," said Heide Evans, global vice president commercial for Refractory, Ceramics & Polishing.

For additional information, call (49) 6995-734128, e-mail info@almatis.com or visit www.almatis.com.

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