NIAGRA FALLS, N.Y. — Niacet Corp. is announcing a 5c per lb increase for on-list and off-list prices for all propionates, effective for shipments on or after Jan. 1, 2013 or as contract conditions allow.

The company said the increase is necessary due to increasing costs of petrochemical feedstocks.

The increases include calcium propionate granular and LD prices to $1.205 a lb, up from $1.155; calcium propionate crystalpro to $1.225 per lb, up from $1.175; and sodium propionate to $1.205 per lb, up from $1.155 per lb.