Borregaard Lignotech Announces Price Increases
October 17, 2005
Borregaard LignoTech has announced price increases on its full range of lignin-based specialty chemicals, effective November 15, 2005. The price increases, which will be up to 20% for selected product groups, are being driven primarily by dramatic increases in energy and freight rates, in addition to increased raw materials costs. Borregaard will closely follow its cost levels, and the company is also continuing a comprehensive cost cutting program across its entire business portfolio to increase efficiency and competitiveness in its markets.
For more information, call (47) 952-34540 or (47) 911-69499, or visit www.borregaard.com.