Dutch ingredients supplier DSM has jacked up the price of
vitamin A by 10 per cent in response to "sharp" energy,
raw materials and transportation cost increases.
DSM Nutritional Product has released specifics on its price
increases for vitamin E, which have resulted from the rising cost
of raw materials, energy and transportation.
BASF's fine chemicals division has reported a modest increase in
sales for Q3, but EBIT was impacted by the implementation of
measures aimed at reducing costs in the longer term.
Germany chemicals group BASF is implementing a new measure to
combat price pressure on its vitamin businesses in the long-term,
by combining its human and animal nutrition resources under the
banner of a new nutrition unit within...
BASF has confirmed that it is increasing prices of its vitamin B2
for food products, three days after it announced similar measures
for the same vitamin intended for animal feed.
BASF has announced that it is increasing worldwide prices for
vitamin B2 for animal feed due to increased production and
marketing costs - and an increase for the food grade is likely to
follow.
Growing numbers of health conscious consumers searching out
fortified foods and dietary supplements are driving demand and
opportunities for the European B vitamin market.
BASF's fine chemicals division is bolstered by higher sales volume
of aroma chemicals and vitamins A and E for animal nutrition, but
the pressure over vitamin C and lysine has not abated, dragging
down the division's profitability.
DSM Nutrition has reported five per cent growth in both sales and
operating profits in Q1 2005 - a result that sits well with an
excellent picture for the group overall and could point towards
another positive year.
A new report says that the market for vitamin E supplements is in
turmoil as consumers become confused by conflicting media messages,
but despite this the cosmetics and toiletries industry is likely to
fuel future growth as it is...
Plummeting prices for the animal feed ingredient lysine and the
costs of restructuring pressurized vitamin C production virtually
eliminated profits at BASF's fine chemicals division this year,
reports Dominique Patton.
DSM Nutritional Products has lifted its vitamin E capacity to
25,000 tons - the world's largest - at a new plant that is being
hailed for its production efficiencies, reports Dominique
Patton.