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12/09/2005
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| Lonza Announces Price Increase |
Effective January 1, 2006, or as contracts allow, Lonza will increase prices on products sold into the Water Treatment, Wood, Household, Industrial & Institutional, Personal Care and Functional markets by 5 – 10%. The product lines affected include Halohydantoins and other Hydantoin derivatives, Quats, Amines, Alkyl Chlorides, Surfactants and other specialty biocides and preservatives.
The company cites the continued increases in raw material transportation and energy related costs through 2005 as cause for the action.
Lonza, a chemical and biotechnology company driven by the life sciences, generated sales of CHF 2.18 billion in 2004. Headquartered in Switzerland, Lonza operates 18 production and R&D sites around the world. Its 5700 employees are passionately committed to delivering sustainable value to their customers. Lonza is one of the leading custom manufacturers of chemical intermediates, active ingredients and biopharmaceuticals for the pharmaceutical and agrochemical industries. On the basis of organic chemical, oleochemical and biotechnology platforms, Lonza creates value-added solutions for the nutrition, hygiene & personal care, wood & water treatment and industrial specialty markets. Lonza also offers polymer intermediates, resins and compounds.
For further information please contact:
David Koehl
Global Business Manager
Lonza Inc.
Tel +1 201 316 9317
Fax +1 201 696 3570
david.koehl@lonza.com
Christine Casper
Communications Manager
Lonza Inc.
Tel +1 201 316 9236
Fax +1 201 785 1364
christine.casper@lonza.com
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