GPC to raise starch prices by $5/cwt from Oct 18

MUSCATINE, IA, Oct. 1, 2010 (Press Release) - Grain Processing Corporation (GPC) announced a $5/cwt. price increase on spot list pricing for industrial starches effective on October 18, 2010.

The company said the action is necessary to cover increases in all input costs including energy, chemicals, environmental, and regulatory. The company develops, manufactures and markets specialty natural-based ingredient systems for a variety of industrial applications.

GPC is headquartered in Muscatine, Iowa, and is a leading supplier of specialty starches to the paper, corrugated, textile and other industries.