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Magris Talc Announces Price Increase

Magris Talc Announces Price Increase News provided by Share this article Share this article DENVER, May 14, 2021 /PRNewswire/ - Magris Talc USA Inc. and Magris Talc Canada Inc. (collectively Magris Talc ) announced today, that effective June 1, 2021, it will increase prices for its products by up to 5%. This price increase is being issued in response to extraordinary and unexpected increases in several input costs including pallets, energy, packaging and logistics, and is necessary to ensure that Magris Talc can continue to reliably supply customers with its quality talc products. About Magris Talc Magris Talc supplies approximately 50 percent of the North American market from its three mines and six processing facilities in Canada and the United States. Its products are used as critical inputs and play a large role in helping to reduce carbon emissions in a variety of industrial applications.

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Imerys Talc Vermont, subsidiaries complete sale to Magris Resources

Assets will operate under the name Magris Talc Vermont Business Magazine Today, the North American Talc Subsidiaries of Imerys (Imerys Talc America, Imerys Talc Vermont, and Imerys Talc Canada) announced the completion of the sale of substantially all of their assets to affiliates of Magris Resources Canada Inc. The US assets and related operations are now owned by Magris Talc USA, Inc. and the Canadian assets and related operations are now owned by Magris Talc Canada Inc. The United States Bankruptcy Court for the District of Delaware (the U.S. Court ) approved the sale, which includes an agreement to assume certain Assumed Liabilities, on November 16, 2020 as part of the Debtors ongoing Chapter 11 process. The Canadian court granted recognition of the sale on November 25, 2020.

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North American Talc Subsidiaries of Imerys Announce Completion of Sale to Magris Resources

North American Talc Subsidiaries of Imerys Announce Completion of Sale to Magris Resources
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