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PURAC increases its sales prices globally

Press release - July 11, 2008

 

PURAC announces that with immediate effect, all prices of its products will be increased by 0.20 - 0.30 EURO per kilogram globally, depending on their composition and exposure to the increased costs of various auxiliary raw materials, energy and feedstock (mainly corn). The new sales prices will be effective immediately or insofar as sales contracts allow.

 

This increase is deemed necessary in order to offset the high volatility and increase in the costs of many key components in the manufacturing of lactic acid, lactic acid derivatives and gluconates. In recent months, these raw materials have experienced up to triple digit cost percentage increases.

 

PURAC is undertaking various actions in efforts to contain the different increases as much as possible and is working in close cooperation with suppliers to ensure availability of raw materials in the current tight global supply situation.

 

For more information please contact:

 

PURAC

Lex Borghans

Manager Marketing Planning & Projects

P.O. Box 21, 4200 AA Gorinchem, The Netherlands

Phone: + 31 (0) 183 695 727

e-mail: a.j.m.l.borghans@purac.com

 

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PURAC is the worldwide market leader in lactic acid and lactates and a leading supplier in gluconates. The company is predominantly active in preservation, mineral fortification and green chemicals for the food, health care, chemical and polymer industry. PURAC has a worldwide network of sales offices and distributors and production plants are located in the USA, The Netherlands, Spain, Brazil and Thailand. PURAC is part of CSM, a global player in bakery supplies & food ingredients. For more information: www.purac.com or www.csm.nl.

 

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