Price Revision of Processed Oil Products
-For shipments on and after March 16 -
Kaneka Corporation
February 7, 2023
Kaneka Corporation (Headquarters: Minato-ku, Tokyo; President: Minoru Tanaka) will revise the sales prices of processed oil products of Foods & Agris Solutions Vehicle for shipments on and after March 16 as specified below.
Item
Revised price
Shortening products
40 JPY / kilogram and over
Margarine products
40 JPY / kilogram and over
Fat spread and butter cream products
40 JPY / kilogram and over
Emulsified fat and oil products
40 JPY / kilogram and over
Whipping cream products
40 JPY / kilogram and over
Concentrated milk products
40JPY / kilogram and over
Whipped cream products
50 JPY / kilogram and over
Flour paste products
50 JPY / kilogram and over
Cheese products
40 JPY / kilogram and over
Chocolate products
40 JPY / kilogram and over
Fermented milk products
40 JPY / kilogram and over
The costs related to production and sales of our processed oil products such as utility, secondary ingredients, packaging materials, and distribution costs have been rising and placing downward pressure on earnings.
We have been working to improve profits by reducing costs but we have reached the limit of what we can do ourselves and we have determined that this price revision is necessary for stable supply in the future.
Kaneka Corporation published this content on 07 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2023 08:19:00 UTC.
KANEKA CORPORATION is a Japan-based company engaged in four business segments. The Material Solutions Unit segment includes general purpose vinyl chloride resin, caustic soda, polyvinyl chloride special resin, modifier, modified silicone polymer, biodegradable polymer. Quality of Life Solutions Unit segment includes expanded styrene resin and molded products, extruded polystyrene foam boards, bead method expanded polyolefin, solar circuit method, super heat resistant polyimide films, optical materials, super heat conductive graphite sheets, solar cells, storage batteries for housing and others. The Health Care Solutions Unit segment includes medical devices, low molecular weight pharmaceutical raw materials, biopharmaceuticals, etc. The Nutrition Solutions Unit segment includes functional food ingredients, margarine, shortening, baker's yeast, spices, antifreeze ingredients, functional fertilizers and feeds.
KANEKA CORPORATION 
