Vantage Oleochemicals™ Announces Price Increase
June 21st, 2021
Chicago (June 18, 2021) – Vantage Oleochemicals™, a business unit of Vantage Specialty Chemicals™, has announced that it will raise its prices for all grades of tallow fatty acids by $0.08 per pound effective July 1, 2021. The price increase is driven by increasing cost pressure due to price and labor inflation, rapidly rising feedstock prices, and escalating transportation costs in combination with very strong demand across all markets for oleochemical products.
Vantage manufactures and markets these products under the VOLEIC™, VSTEARIN™ and VDISTILL™ trade names.
Vantage’s world-class oleochemicals facility is in Chicago and is among the largest state-of-the-art oleochemical operations in North America.
About Vantage Specialty Chemicals™
Vantage Specialty Chemicals™ is a leading producer of naturally derived, specialty ingredients focused on Personal Care, Food, Consumer Care and Industrial end markets with a portfolio of more than 2,000 products. Headquartered in Deerfield, Ill., near Chicago, Vantage™ operates global manufacturing and supply chain operations across eight manufacturing facilities, 13 formulation laboratories and 19 distribution warehouses located in 13 countries across the U.S., Latin America, South Africa, Europe and Asia. For more information, visit www.vantagegrp.com.