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.February 7, 2023
| Item | Revised price |
| Shortening products | 40 JPY / kilogram and over |
| Margarine products | 40 JPY / kilogram and over |
| Fat spread 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.
