Cabot announces CB price increase for North America

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.