On July 11, Tokai Carbon CB (TCCB), the largest carbon black producer in the United States, announced that, effective August 1, 2019, or as contracts allow, the company will increase the price of carbon black products by $0.06 per pound. In addition, the EPA Consent Decree Surcharge will also increase from $0.03 to $0.04 per pound. According to the company, these price increases will provide the needed capital for reinvestment in operations and to complete mandated environmental compliance requirements.
Effective January 1, 2020, TCCB is also changing many of the Standard Packaging and Premium Charges. These charges are shown here: tokaicarboncb.com/pricing-and-terms. The website shows both the current and new charges until the new prices go into effect. Any new agreements concluded in 2019 will use the above pricing structure as well as TCCB’s actual corporate monthly average laid-in CBO cost as the feedstock reference price.