Company News

CP Kelco Announces Price Increases

Move affects entire portfolio on Dec. 1.

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By: TOM BRANNA

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CP Kelco will increase prices across its portfolio of products by up to six percent effective Dec. 1, 2011, or as contracts allow.

“Strengthening our capabilities as we offset rising inflationary pressures will allow us to continue meeting our customer’s expectations for premium quality ingredients and developing high performance products,” said Charles Bowman, VP-marketing.

CP Kelco continues to invest in both debottlenecking projects and capacity expansion to meet global increases in demand, as well as improving manufacturing capability to ensure world-class safety and high quality standards.

“Our investments are essential to the strategy of CP Kelco to be a sustainable, secure partner in both mature and emerging markets for specialty hydrocolloids,” said Bowman.

More info: www.cpkelco.com

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