The price increase will take effect January 2012.
Beneo (Manheim, Germany) is raising prices for its prebiotic fibers inulin and oligofructose by 8%. The price increase will take effect January 2012.
The company attributes the increase to inflation and rising costs in energy and raw materials, especially for chicory root from Belgium and Chile, where the ingredients are derived. Beneo notes that until now, and even in the presence of these rising costs, it had kept inulin and oligofructose prices stable.
“Taking into account the security of supply, the product quality, the service and support we provide, as well as the technological and nutritional benefits of our active fibers, we are confident that we continue to offer very good value,” stated Dominique Speleers, commercial managing director for Beneo-Orafti. “[The price increase] will also allow us to further satisfy the ever-increasing quality standards and demand for our products.”