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02/08/2006
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| Lonza Announces Price Increase for Niacin and Niacinamide feed grade |
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 April 2006.
Lonza, a chemical and biotechnology company driven by the life sciences, generated sales of CHF 2.52 billion in 2005. Headquartered in Switzerland, Lonza operates 21 production and R&D sites around the world. Its 6000 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. 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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