Price hike at FMC

Published: 3-Nov-2005

As of October 15th FMC BioPolymer increased its prices for food and pharmaceutical brand products by an average of 5-10%, depending on the product line and as contracts permitted.


As of October 15th FMC BioPolymer increased its prices for food and pharmaceutical brand products by an average of 5-10%, depending on the product line and as contracts permitted.

It will also pass on in-creases levied by freight carriers to customers who have delivered pricing.

According to the company: 'Significant, sustained cost increases in energy, raw materials, and freight are the factors driving this action. Energy-related costs have increased significantly over the past three years, impacting plant operations and shipping. Costs of critical raw materials, including seaweed and pulp, have also risen dramatically during the same period.'

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