FMC BioPolymer Increases Prices

PHILADELPHIA--FMC BioPolymer announced a minimum 15 percent price increase for all products, effective Nov. 1, 2008. The increase affects microcrystalline cellulose, carrageenan, alginates and PGA product lines across the food, pharmaceutical and personal care markets. The surcharges implemented earlier this year on carrageenan products will also stay in effect. The company cited higher raw material and transportion costs and changes in the supply/demand dynamic in its decision to increase costs.