Date of publication 31.10.23
Market announcement
Dear Valued Customer,
As you are aware, demand for improved and more sustainable products for commercial and industrial use are driving innovation and new markets. Demand for new products in roofing, flooring, synthetics, lithium, concrete, and others continue to drive market demand for replacement of traditional materials and products. This market growth has generated a significant increase in the demand for minerals.
With this push on capacity, a Lhoist Sales Representative will be meeting with you in the coming weeks to understand your demand estimates over the coming months and years to ensure proper allocation of our capacity to ensure your security of supply. Lhoist is forecasting an approximate 30% increase in pricing for 2024 for bulk products ex-works.
Thank you for your business and we look forward to continuing to deliver exceptional value to our customers.
Regards,
Rich Verbrugge
Commercial Director and Texas Operations – Minerals Division
Lhoist North America