Late in posting this news, but last week Cabot announced a price increase for carbon black in North America.
Effective for all shipments made on or after July 15, 2016, or as customer contracts allow, Cabot Corporation will increase invoice prices by $50/metric tons ($0.0227/lb.) or 5 percent, whichever is greater, on all carbon black products sold by its Reinforcement Materials segment in North America. The price increase is required to address persistently rising costs associated with manufacturing quality products, as well as costs related to regulatory compliance, packaging and logistics. The price increase will enable Cabot to remain a reliable supplier of carbon black products while providing customers with high-quality products, technology innovations and the highest level of service and technical support available.
Comments