Specialty Vermiculite Corp., LLC, Announces Vermiculite Ore Price Increases
Specialty Vermiculite Corp., LLC, a Dicalite Management Group company, announced today that it is implementing price increases for all grades of Vermiculite Ore. The increases are effective as of October 1, 2019, or as pricing agreements permit. The company is making significant investments in equipment upgrades and developing additional reserves. These investments will greatly improve reliability and efficiency of the Enoree, SC production plant and allow for a better flow of processed ore to the vermiculite expansion plants in Pompano, FL; Phoenix, AZ; Edmonton, AB; and Winnipeg, MB. The price increases are necessary to offset a portion of the capital investments that will allow the Specialty Vermiculite division to remain the leading supplier of vermiculite in North America.