CP-Kelco announce xanthan price hike

CP-Kelco, the worlds leading Xanthan gum manufacturer announced a price increase with effect from 1st August 2003. The price increase will be up to 10% and will affect the Keltrol range of food grade xanthan gums. It remains to be seen if the price size is sustainable or even achievable in the current climate of continually eroding xanthan prices brough about the by the increased competition from European and Asian manufacturers.