December 18, 2007

Perstorp announces feed additive price hikes on 2008

Feed Additive producer, Perstorp, reported price increases on organic acid-based feed additives starting January 1, 2008, or as existing contracts permit.

Prices are increased for the following products:

                    Product                                         Price / Tonne (EUR)              Price / Tonne (USD)
 
       Dry products silica based                                      100                                     144
 
       Dry products, CA salt based                                   75                                      108
 
Liquid products, formic or lactic based                       120 -150                              173 - 216
 
    Liquid products, propionic based                             50 - 60                                 72 - 86
  

The company disclosed that price increases were driven by high demand and hikes on raw materials.

Perstorp has been involved with developing a range of feed additives to improve the performance of farm animals for nearly fifty years now.