Vertellus Specialties announces price increases for Cetyl Pyrdinium Chloride, CPC
INDIANAPOLIS, Oct. 9, 2013 /PRNewswire/ -- Vertellus Specialties Inc., a leading specialty chemicals company, today announced price increases for Cetyl Pyrdinium Chloride (CPC).
Effective November 1, 2013, or as contracts allow, Vertellus is raising prices (both list and off-list) on all grades of CPC by 7.5%. CPC is a common ingredient in many consumer products including mouthwash and toothpaste.
Mark Lewis, Sales Director, says, "Raw material costs have been steadily increasing over the last 12 months. So, in response, we are forced to pass these increased costs onto our customers and consumers."
About Vertellus Specialties Inc.
About Vertellus: Vertellus is a specialty chemicals company focused on the manufacture of ingredients used in pharmaceuticals, personal care, nutrition, agriculture, and a host of other market areas affected by trends favoring "green" technologies and chemistries. Vertellus is the #1 global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and citrate polymer additives and systems, and a world leader in Vitamin B-3. Vertellus benefits from a technically advanced global manufacturing base and has approximately 800 employees. Vertellus is headquartered in Indianapolis, Indiana.
SOURCE Vertellus Specialties Inc.
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