Vertellus announces new pricing for Vitamin B3, effective April 1, 2017
(February 20, 2017, Indianapolis, Ind., USA) — Vertellus announces new pricing for Vitamin B3, effective April 1, 2017. Beginning April 1, 2017, the price for niacinamide (B3) manufactured by Vertellus will be 8.18 $/kg, 7.73 €/kg in Europe, and 68 RMB/kg in China for non-contract customers or as existing contracts allow. The price increase is due to rising raw materials, transportation and energy costs. In April 2017, Vertellus will complete upgrades at its B3 production facilities to include USP, food grade and feed grade Vitamin B3.
In conjunction with the increase in pricing for Vitamin B3, new pricing for 3 CP will also go into effect April 1. The new price will be 56 RMB/kg, and Beta Picoline will be 46 RMB/kg for non-contract customers or as existing contracts allow. The price increase is driven by rising costs for raw materials, transportation, and energy.
The VERTELLUS* group of companies manufactures fine and specialty chemicals used in diverse applications, processes and market sectors, including agriculture, life sciences, industrial specialties, nutrition, personal care and plastics. Headquartered in Indianapolis, Indiana (USA), near several of the world’s leading research universities, Vertellus benefits from a technically advanced global manufacturing base. The company employs more than 900 employees and maintains facilities in the U.S., United Kingdom, India and China.
* Indicates a trademark owned by Vertellus Holdings LLC, registered in the US and elsewhere.