Continental Carbon announces carbon black price increase for US

On August 10, Continental Carbon Company (Houston, TX) announced a price increase of $0.07/lb for all grades and customers effective October 1, 2018 or as contracts allow. The company said in a letter to customers that the move was necessary to recover mounting increases in operational, environmental, and logistical costs.

In addition, Continental Carbon announced two changes to its hopper car fleet. First, the company is adding to its fleet of hopper cars and will begin implementing a HC usage fee of $0.02/lb effective January 1, 2019. The second change is a modification to the company’s hopper car demurrage policy — the base portion of the demurrage policy will remain the same but the charge for HC’s held over 60 days will increase to $200/day.