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Ajinomoto Sweeteners Europe announces price increase for Aspartame |
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Wednesday, 29 October 2008 |
Ajinomoto Sweeteners Europe SAS, a manufacturer and supplier of, has
announced that the price of aspartame from its plant in Gravelines,
France will increase by 15%.
Commenting on the announcement, Norifumi Okita, President of Ajinomoto Sweeteners Europe, said: "Over the past few years, Ajinomoto Sweeteners Europe has been faced with a level of increased costs that we are no longer able to offset by increased plant efficiencies. It is well known that the costs of carbohydrates used in the natural fermentation of the amino acids used to make aspartame have increased substantially. This, together with continuing increases in other raw material prices, energy costs, wage costs, and transportation costs, has pushed us to take this action."
The new pricing will come into effect for non-contractual customers immediately, and will be applied as new contracts are made for 2009 and beyond.
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