EU - Kemin Announces Price Increase on All Nutricines in Europe Effective February 1, 2006

Date of publication : 1/11/2006
Source : Kemin Europa N.V.

Kemin Europa N.V. has resisted as long as possible the necessity to increase prices for their nutricines for the agrifoods industry. However given the consistent and significant increase in raw materials, on the back of rocketing energy costs, they are now unable to absorb the increases any longer and hereby announce that they must increase the selling price of their products from the 1st of February 2006.

Price increases will be kept as low as possible, but can be up to 10% depending on the cost of the ingredients in each product. Many raw materials have recently seen dramatic increases. Packaging and transport has also been affected by the extreme oil prices.

Kemin will continue to maintain their highest standards and will continue to supply innovative and dependable nutricines that bring value to the agrifoods business.

Kemin Europa N.V. is the European Agrifoods division of Kemin Industries Inc., a privately owned company headquartered in Des Moines, Iowa (USA). Kemin is a producer of ingredients, which provide nutritional and health solutions.

Mentioned in this news release:
remove_red_eye 45570 forum 0 bar_chart Statistics share print
Share :
See all comments
Professional Services
Dr. Christian Rippe DVM Dr. Christian Rippe DVM
Spring Hill, Florida, United States
Dr. Steve Blezinger Dr. Steve Blezinger
Sulphur Springs, Texas, United States
Jasmer Singh Jasmer Singh
Rocklin, California, United States
Jeff Weisel Jeff Weisel
North Lawrence, Ohio, United States
Copyright © 1999-2020 Engormix - All Rights Reserved