New Hampton, NY, September 26, 2017 — Balchem Corporation (NASDAQ: BCPC) announced today that it will increase the price of animal feed and industrial grades of Choline Chloride in North America by $0.04/lb. effective immediately or as contract terms permit.
The increase is driven by the continued escalation of operating costs. Customers should contact their Balchem Sales Representative for more details.
Balchem Corporation reports four business segments: Human Nutrition & Health; Animal Nutrition & Health; Specialty Products; and Industrial Products. The Human Nutrition & Health segment delivers customized food and beverage ingredient systems, as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition & Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market. The Industrial Products segment manufactures and supplies certain derivative products into industrial applications.