On November 1, Orion Engineered Carbons announced it will raise prices for all specialty carbon black customers. The increase, which will be communicated individually, will vary depending on the product, manufacturing process and location.
“Sharply rising raw material, energy and supply chain costs have made the price adjustment necessary. It will enable us to continue to deliver reliable and sustainable solutions to our customers,” said Corning Painter, CEO of Orion Engineered Carbons.
The increased pricing will be effective for all shipments beginning December 1, 2021, or as contracts allow.
On October 26, Cabot Corporation announced a global price increase for its specialty black products.
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