PRZOOM - /newswire/ -
Ludwigshafen, Germany, 2011/08/24 - BASF globally increases prices for calcium D-pantothenate (vitamin B5) products for use in human and animal nutrition by € 1.4 per kg (US$ 2.0 per kg, respectively) effective immediately or as existing commitments allow. DE000BASF111
This increase is necessary to compensate for higher raw material cost, which have occurred in 2011.
Furthermore, BASF is to shut down the production of calcium D-pantothenate at its facility in Ludwigshafen for a few weeks during October 2011. The shut down is necessary to conduct a routine overhaul. All existing contractual obligations will be honored.
BASF is a leading supplier of calcium D-pantothenate worldwide. Calcium D-pantothenate is the salt of pantothenic acid and a vitamin used in human and animal nutrition.
About Nutrition & Health
BASF’s Nutrition & Health division develops, produces and markets a comprehensive range of products and services from the Pharmaceuticals, Aroma Chemicals, Human Nutrition and Animal Nutrition industries. The division addresses customer needs and enhances their consumers’ well-being and quality of life. The division provides the Pharmaceutical industry with active ingredients such as caffeine and ibuprofen, as well as excipients and customized synthesis services. Nutrition & Health produces Aroma Chemicals such as Citral and Geraniol for the Flavor and Fragrance industry. Important Human Nutrition products are vitamins and carotenoids, plant sterols, emulsifiers and omega-3 fatty acids. Its feed additives such as vitamins, carotenoids and enzymes make Nutrition & Health a worldwide leader for the Animal Nutrition market.
BASF (basf.com) is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109,000employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).