Cabot increases carbon black prices
Effective June 12, 2017, speciality chemicals supplier Cabot said it will increase prices on all carbon black products in its reinforcement materials segment sold in Europe, the Middle East and Africa (EMEA).
Despite efforts to offset the costs, Cabot will implement price adjustments in the range of €50-80 per MT, in addition to any applicable feedstock index-related adjustments, for rubber carbon black products.
The price increase is necessary, says Cabot, to ensure the company remains a reliable, long-term supplier of carbon black products. The firm will also use the increase to continue investment in new products and applications development.