La Grange, Ill., May 22, 2008 – Cognis announced the first price increase in over six years for its natural-source vitamin E and natural plant sterol products. The price increases are effective in June for its North American customers.
The new pricing applies to Covitol® natural-source vitamin E, Covi-ox® natural mixed tocopherols and Cognis’ industry-leading non-GM, IP-certified forms of these two product groups, as well as Vegapure® plant sterols and sterol esters.
“The rapid escalation in raw material costs plus the steady increase in energy, transportation and packaging costs have reached a point that we can no longer maintain current prices,” said Dave Eckert, Vice President North America, Cognis Nutrition & Health.