Evonik announces global price increase for L-Threonine

The Health & Nutrition Business Unit of Evonik Industries AG (Germany) announced a global price increase for L-Threonine 98.5% feed grade.

Effective immediately, the company increases its L-Threonine net price for full truck and container loads by €0.19/kg for all non-contract customers. Depending on logistic costs and exchange rates the actual selling price may vary by world areas.

The company said the main reason for the increase is the continuing rise in fermentation costs driven by the sharp increase of key raw material prices in the last six months.    

All existing commitments and supply contracts will be honored and are unaffected by this price increase.