Lonza announces price increase

Lonza has announced 10-15% price increases on products sold into the water treatment, household, institutional, industrial and personal care markets. The product lines affected include Halohydantoins and other Hydantoin derivatives, Quats, Amines, Surfactants and other specialty biocides and preservatives...

Nov. 16, 2004

FAIR LAWN, NJ, Nov. 16, 2004 -- Lonza has announced 10-15% price increases on products sold into the water treatment, household, institutional, industrial and personal care markets.

The product lines affected include Halohydantoins and other Hydantoin derivatives, Quats, Amines, Surfactants and other specialty biocides and preservatives.

The increase becomes effective Dec. 1. The company cites large increases in raw material, transportation and energy related costs as the reason for necessitating this action.

Lonza (www.lonza.com) is a life sciences-driven company, with headquarters in Switzerland, which generated sales of 2.24 billion Swiss francs (US$1.91 billion) in 2003. It operates 18 production and R&D facilities in eight countries and employs 5,660 people worldwide. Lonza is one of the leading custom manufacturers of chemical intermediates and active ingredients as well as biopharmaceuticals for the pharmaceutical and agrochemical industries. In addition, Lonza offers organic intermediates for a wide range of applications (including water treatment) and provides antimicrobial and associated products as well as polymer intermediates and compounds.

###