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Cabot Corporation to Increase Prices in EMEA for Rubber Carbon Black Products
active-carbons.com 6/4/2018 5:30:00 PM ReadCount:342
Effective for all shipments made on or after July 1, 2018, or as customer contracts allow, Cabot Corporation is increasing prices on all carbon black products in its Reinforcement Materials segment sold in the Europe, Middle East and Africa (EMEA) region.
Cabot is experiencing persistent rising costs associated with high utilization rates, increased operating and regulatory costs, and higher logistics expenses in the EMEA region. Despite ongoing efforts to offset these costs, Cabot will increase prices by 80 €/MT, in addition to any applicable index-related adjustments, for all rubber carbon black products including Black Pearls®, CRX™, Endure™, Propel®, Regal®, Vulcan®, Sterling® and Spheron® carbon black grades.
The increase is necessary to ensure Cabot remains a reliable, long-term supplier of high quality carbon black products to meet growing demand in the EMEA region.
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