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Price change affects animal feed and industrial grades of choline chloride in North America and Europe.
December 27, 2018
Balchem Corp. announced Dec. 26 that it will increase the price of animal feed and industrial grades of choline chloride in North America by 2.5 cents/lb. ($50 per ton).
Balchem said prices for choline chloride in Europe will increase by €0.048/kg (€48 per metric ton).
These prices will become effective on Jan. 1, 2019, or as contract terms permit. Balchem said this increase is driven by the continuing escalation of operating costs, and customers should contact their Balchem sales representative for more details.
Balchem reports four business segments: Human Nutrition & Health, Animal Nutrition & Health, Specialty Products and Industrial Products. The Human Nutrition & Health segment delivers customized food and beverage ingredient systems as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition & Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in health care and other industries and also provides chelated minerals to the micronutrient agricultural market. The Industrial Products segment manufactures and supplies certain derivative products into industrial applications.
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