Today, Novozymes announces its plan to pass on the incurred increase in raw material, energy, and logistics costs to its customers across geographies and industries.
Over the past six months, Novozymes has experienced unprecedented inflation on raw materials and this initiative is put in place to recover these headwinds and will include more frequent reviews and adjustments as the situation evolves.
The price increases will vary by business and by product.
All customers have been or will be contacted shortly by their respective account managers.
