Georgia’s Kaolin Industry
Announces
Economic Figures for the Year 2008
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2008 |
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THE CHINA CLAY
PRODUCERS ASSOCIATION, INC. |
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Industry
Profitability Survey |
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Depreciated |
Income |
Return |
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Book Value of |
After Tax |
on Net |
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Kaolin Assets |
(Kaolin Only) |
Investment |
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| 12/31/2004 |
$799,168,479 |
$28,698,980 |
3.59% |
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| 12/31/2005 |
$681,829,329 |
$(6,078,643) |
-0.89% |
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| 12/31/2006 |
$870,121,521 |
$20,093,920 |
2.31% |
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| 12/31/2007 |
$656,111,683 |
$30,015,090 |
4.57% |
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| 12/31/2008 |
$676,629,498 |
$(40,907,187) |
-6.05% |
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| Average |
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| Last 5 Years |
736,772,102 |
6,364,432 |
0.86% |
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| NOTES: |
(1) The
inputs for this survey were obtained by counsel from each member of the China Clay Producers Association, Inc. Individual company data has been kept confidential and aggregated to obtain the results shown. |
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(2)
Income numbers are before adjustments required by accounting changes. Such adjustments reduce income and return. |
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For further information, please contact Lee Lemke via mail
at 113 Arkwright Landing, Macon, GA 31210; via telephone
at 478-757-1211; fax at 478-757-1949; via e-mail at LeeLemke@GeorgiaMining.org.
The
China Clay Producers Association members are BASF, Gordon,
GA; IMERYS, Atlanta, GA; J.M. Huber Corporation, Atlanta,
GA; and Thiele Kaolin Company, Sandersville, GA
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