CP Kelco Announces Global Price Increase To Ensure Sustainable Supply

Atlanta, Georgia, USA, November 23, 2011 – CP Kelco will increase prices across its portfolio of products by up to six percent effective December 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,” says Charles Bowman, Vice President of 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,” says Bowman.

ABOUT CP KELCO:

CP Kelco is a leading global manufacturer and marketer of specialty hydrocolloids, with facilities in Europe, North America, Asia and Latin America. Owned by J.M. Huber Corporation, CP Kelco’s product lines include pectin, xanthan gum, carrageenan, cellulose gum, gellan gum, diutan gum, and other novel biopolymers, marketed under brand names including CEKOL®, FINNFIX®, GENU®, GENUGEL®, GENUVISCO®, GENULACTA®, KELTROL®, KELZAN®, KELCOGEL®, SLENDID®, SIMPLESSE® and XANTURAL®

See the PFD of the press release here.