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NEWS

ENERGY SURCHARGE

EUROPE > ALICANTE AND BARCELONA , SPAIN

28 October 2010

Dear Customer:

With the price of oil in Europe reducing over the last six months, consequently the cost of the Natural Gas used in our Spanish plants has decreased to a more reasonable level.

As a result and effective immediately (26th January 2009) the Energy Surcharge that was implemented in summer 2008 is suspended for the all product grades produced in Alicante and Rubí (Barcelona).

In the event that the price of oil (Brent barrel) increases significantly once more, World Minerals reserves the right to re-establish an energy surcharge mechanism.

Any change in the surcharge becomes effective the 26th day of each month.

We at World Minerals appreciate your understanding during these times and look forward to your continued support. Please do not hesitate to contact your Account Manager should you have any questions.

Sincerely yours,

 

Keith Turkington
Regional Director, Sales
Europe, Middle East & Africa
World Minerals, a member of IMERYS

 

 

World Minerals Inc.
130 Castilian Drive
Santa Barbara, CA 93117
USA
Phone: (800) 893-4445 or (805) 562-0200
E-mail: info@worldminerals.com

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