INDIANAPOLIS, Sept. 2 /PRNewswire/ -- Vertellus Specialties Inc., a leading specialty chemicals company, today announced that, effective October 1, 2009, it would increase the price of its Vitride(R) reducing agent by 50 cents per kg for all non-contract customers or as existing contracts permit. The price increase will enable Vertellus to continue to invest in expanding global supply for the high performance, reducing agent. Vertellus is planning a substantial expansion of capacity to help support the use of Vitride(R), which is a more selective, safer and easier to handle reducing agent than many of the alternatives. Vitride(R) has multiple applications in pharmaceutical, flavor and fragrance as well as agrochemical manufacture. Vertellus is committed to continued investment in, and expansion of, its longstanding leadership position in this area as well as continuing to expand its offerings to the chemical synthesis industry.
About Vertellus Specialties Inc.
Vertellus is a specialty chemicals company focused on the manufacture of ingredients used in pharmaceuticals, personal care, nutrition, agriculture, and a host of other market areas affected by trends favoring "green" technologies and chemistries. Vertellus is the #1 global producer of pyridine and picolines, specialty pyridine derivatives, DEET, castor oil derivatives and systems, and citrate polymer additives and systems, and the world's #2 producer of Vitamin B-3. Vertellus benefits from a technically advanced global manufacturing base and has approximately 750 employees. Vertellus is headquartered in Indianapolis, Indiana. For more information, visit www.vertellus.com.
Contact: Scott Smith Tel: 317-248-6517 Website: www.vertellus.com
|SOURCE Vertellus Specialties Inc.|
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