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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