Purac Implements 8% Average Price Increases

According to the company, some key raw materials such as carbohydrates and auxiliary products have recently shown a steep increase in price. The costs of raw materials have a direct and substantial impact on the cost price of Purac’s products.

Aug 22 2011 --- Purac has announced plans to increase its prices by, on average, 8% with immediate effect. The price increase will be applied globally on all product ranges. The new sales prices will be effective immediately, as far as contracts allow.

According to the company, some key raw materials such as carbohydrates and auxiliary products have recently shown a steep increase in price. The costs of raw materials have a direct and substantial impact on the cost price of Purac’s products.

Purac claimed that it will do its utmost through innovations in products and processes to mitigate the higher cost of these raw materials.

Purac is a leading company in food preservation, biobased chemicals and lactic acid based bioplastics and the worldwide market leader in lactic acid, lactic acid derivatives and lactides. Purac has 80 years of experience in the development, manufacturing and marketing of these products in a broad range of industries. Purac operates production plants in the USA, the Netherlands, Spain, Brazil and Thailand and markets its products through a worldwide network of sales offices and distributors. Purac is headquartered in The Netherlands and is a part of CSM.