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Lhoist North America Announces Pricing Guidance for 2018
Lhoist North America Announces 2018 Pricing
December 1, 2017
To our valued customers:
Effective January 1, 2018, Lhoist North America will increase year-over-year market prices for most of its products, subject to existing contractual commitments. In most instances, lime and limestone-based products will increase an average of 2 to 7%, while clay products will increase an average of 3 to 8%.
This price increase is necessary to support continued investments focused on improving the reliability and sustainability of our assets, as well as addressing certain cost increases. Specifically, cost escalations are occurring in the areas of kiln fuel and other energy, employee payroll and healthcare, and capital and operating expenses required to ensure health, safety, and environmental compliance. In addition, the cost of transportation continues to increase significantly affecting both inbound and outbound shipments from our plants.
Lhoist North America has continued its disciplined approach to operational excellence, maximizing efficiencies, and minimizing waste. While these efforts can only partially offset increases in cost, they do allow us to continue to provide competitive pricing. We appreciate your business and the confidence you have placed in us. Your local LNA Sales Manager will contact you to discuss the specifics of your business.