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10/13/2005
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| Lonza Announces Price Increase for Niacin and Niacinamide |
Lonza announces a worldwide price increase of 10-12% for Niacin and Niacinamide feed grade due to continued price increases of raw materials, energy and transportation costs. The price increase will come into effect on 1 January 2006.
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 com-mitted to delivering sustainable value to their customers. Lonza is one of the leading custom manufacturers of chemical intermediates, active ingredients and biopharma-ceuticals for the pharmaceutical and agrochemical industries. On the basis of organic chemical, oleochemical and biotechnology platforms, Lonza creates value-added solu-tions for the nutrition, hygiene & personal care, wood & water treatment and industrial specialty markets. Lonza also offers polymer intermediates, resins and compounds. Further information can be found on our website www.lonza.com.
For further information:
Ernesto Plozza Business Unit Nutrition Tel +41 61 316 8638 Fax +41 61 316 9638 ernesto.plozza@lonza.com
Werner H. Grauwiler Corporate Communications Tel +41 61 316 8361 Fax +41 61 316 9361 werner.grauwiler@lonza.com |
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