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11/24/2004
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| Lonza Announces Price Increase |
| Lonza announces worldwide price increases for Niacin and Niacinamide feed and USP grade by 15 % - 20 % due to increased raw material and energy costs. |
The price adjustment will come into effect as of January 1, 2005.
Lonza is a life sciences driven company, headquartered in Switzerland, which generated sales of CHF 2.24 billion in 2003. It operates 18 production and R&D facilities in eight countries and employs 5660 people worldwide. Lonza is one of the leading custom manufacturers of chemical intermediates and active ingredients as well as biopharmaceuticals for the pharmaceutical and agrochemical industries. In addition, Lonza also offers organic intermediates for a wide range of applications and provides antimicrobial and associated products as well as polymer intermediates and compounds. For more information please visit the company's website at www.lonza.com.
For further information please contact:
Ernesto Plozza Business Unit Nutrition Tel +41 61 316 8638 Fax +41 61 316 9638 ernesto.plozza@lonza.com
Walter Eschenmoser Corporate Communications Tel +41 61 316 8363 Fax +41 61 316 8220 walter.eschenmoser@lonza.com
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