Effective for all shipments made on or after June 1, 2018, or as customer contracts allow, Cabot Corporation is increasing prices for carbon black products sold by its Reinforcement Materials segment in North America. All Vulcan®, Sterling®, Regal®, Spheron® and Propel® carbon black products will increase by $0.045/lb except for Vulcan® XC-72, Vulcan® XC-72 R and Sterling® C carbon blacks. In addition, prices will increase by 4% for Black Pearls®, Monarch®, CRX, Vulcan® XC-72, Vulcan® XC-72 R and Sterling® C carbon black products.
The price increase is necessary to address persistently rising costs associated with the manufacturing of quality products, regulatory and environmental compliance, packaging, and logistics. The price increase will enable Cabot to remain a reliable supplier of high-quality carbon black products to meet growing demand in the region. In addition, it will ensure Cabot continues to provide the highest level of service and technical support available while also offering innovative products to its customers.
Source: Cabot Corporation