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Ajinomoto Company, Inc. Announces New Amino Acid Pricing Structure

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TOKYO & FORT LEE, N.J. - (BUSINESS WIRE) - Ajinomoto Company, Inc. (Ajinomoto) today announced a new pricing structure for its pharmaceutical and food-grade bulk amino acids. Due to global increases in raw materials and energy costs, an increase of 10-15% is currently in effect.

Ajinomoto sets the industry standard with its patented fermentation technology to manufacture the highest quality and most pure amino acids of non-animal origin on the market. However, raw materials used in amino acid production and soaring global energy costs have contributed to end-product price increases.

"As a global leader in pharmaceutical and food-grade amino acid production, we are committed to providing the highest quality products at the best value for our customers," said Hiroshi Fukushi, Executive Corporate Officer and General Manager of Amino Acids Department, Ajinomoto Co., Inc. "We will continuously explore opportunities in which we can keep production costs as low as possible while still maintaining the same level of superior quality and purity for which our company is renowned."

This new pricing structure affects bulk amino acids sold worldwide by Ajinomoto and Ajinomoto subsidiaries. The majority of Ajinomoto customers have already been notified of pricing structure changes by their sales representative.

About Ajinomoto

Ajinomoto is a global manufacturer of high-quality seasonings, processed foods, beverages, amino acids, pharmaceuticals and specialty chemicals. For many decades Ajinomoto has contributed to food culture and human health through wide-ranging application of amino acid technologies. Today, the company is becoming increasingly involved with solutions for improved food resources, human health and global sustainability. Founded in 1909 and now operating in 23 countries, Ajinomoto had net sales of JPY 1,207.6 billion (USD 14.2 billion) in fiscal 2010. For more information about Ajinomoto (TYO: 2802), please visit www.ajinomoto.com.

Crossroads Public Relations for Ajinomoto North America, Inc.
Molly Thompson, 919-821-2822
mobile: 919-605-0022
aji@crossroadspr.com



 
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