Cabot raises specialty black prices globally

On October 6, Cabot Corporation announced it will raise prices globally for carbon black products sold by its specialty carbons business. The increase will be implemented for all shipments on or after November 6, 2022, or as contracts allow. The company said in a press release that the price increase is necessitated by the rise in raw material costs as well as other production-related costs. The increase and timing will vary by product and geography.