Orion raising NA carbon black prices

On May 25, Orion Engineered Carbons announced a price increase for all rubber black grades sold by its Rubber Carbon Black Business Line in North America as of July 1, 2016. Due to increasing operating expenses and the cost required to meet more stringent customer quality standards, invoice prices for Rubber Carbon Blacks will be adjusted by 6%, to the extent in line with existent contracts and agreements, Orion said in a statement. These invoice price changes will apply besides respective raw material adjustments. Orion will also change its standard packaging surcharges effective July 1, 2016. Further adjustments may be implemented for certain special Rubber Black grades on an individual basis.

Here is the full press release.