Bulgaria’s Kaolin AD has no plans to increase its kaolin prices amid strong competition and market saturation in the industry, the company told IM.
The company has experienced strong growth in sales revenues in the last ten years, and plans to move forward by diversifying into specialty markets such as animal feeds.
“We believe that kaolin markets have reached saturation and there is parity in demand and supply as much as we can judge from our experience in sectors and territories in which we work,” a Kaolin AD spokesperson told IM.
“Competition is strong enough and taking this into account we do...