FMC BioPolymer Announces Price Increase on MCC Based Products
The increase affects the MCC product lines across the food/specialty, pharmaceutical and personal care markets. Strong global demand for specialty pulps has led to higher strategic raw material costs.
20 May 2010 --- FMC BioPolymer has announced a price increase of up to 10 percent on all microcrystalline cellulose (MCC) based products, including the Avicel, Novagel, Gelstar and Lattice brands, effective June 15, 2010. The increase affects the MCC product lines across the food/specialty, pharmaceutical and personal care markets. FMC BioPolymer is a division of FMC Corporation.
Strong global demand for specialty pulps has led to higher strategic raw material costs. While FMC BioPolymer continues to be dedicated to identifying and implementing productivity improvements to mitigate the impact of rising cost, this price increase will help offset a portion of the increases that our cost savings programs cannot recapture.
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