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06/20/2008
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| Effective 1 July 2008, or as contracts allow, Lonza will increase prices on certain of its biocide and oleochemical products by up to 30%. |
This increase is necessitated by continued escalation in raw material, packaging, en-ergy and transportation costs. To minimize the effect of these increases in cost, Lonza will continue its aggressive efforts at cost control while maintaining security of supply to its customers.
About Lonza Lonza is one of the world's leading suppliers to the pharmaceutical, healthcare and life science industries. Its products and services span its customers’ needs from research to final product manufacture. Lonza is the global leader in the production and support of active pharmaceutical ingredients both chemically as well as biotechnologically. Bio-pharmaceuticals are one of the key growth drivers of the pharmaceutical and biotech-nology industries. Lonza has strong capabilities in large and small molecules, peptides, amino acids and niche bioproducts which play an important role in the development of novel medicines and healthcare products. Lonza is a leader in cell-based research, endotoxin detection and cell therapy manufacturing. Lonza is also a leading provider of value chemical and biotech ingredients to the nutrition, hygiene, preservation, agro and personal care markets.
Lonza is headquartered in Basel, Switzerland and is listed on the SWX Swiss Ex-change. In 2007, Lonza had sales of CHF 2.87 billion. Further information can be found at www.lonza.com.
For further information please contact:
Jeanne Thoma President Life Science Ingredients, Microbial Control Lonza Inc. Tel +1 201 316 9354 Fax +1 201 696 3630 jeanne.thoma@lonza.com
Melanie Disa Corporate Communications Sr. Manager Lonza America, Inc. Tel +1 201 316 9413 Fax +1 201 696 3533 melanie.disa@lonza.com
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