Tokai Carbon announces price increase on all carbon black grades
Fort Worth, TX – Tokai Carbon CB will raise prices on all carbon black grades in North America effective November 1st, 2023, or as contracts allow. The company will also roll all surcharges associated with their US consent decree projects into their permanent pricing structure.
This price increase is necessary to cover the increasing costs of carbon black production in the US. Tokai Carbon CB has invested significantly over the last five years to support US customers.
Looking forward, costs continue to escalate, including those related to environmental controls, reliability, safety, and personnel. Tokai Carbon CB has invested significantly in the future of carbon black’s sustainability as a leader in this development.
Tokai Carbon CB is committed to the highest standards of quality and excellence in the industry, and we will continue to strive to maintain the highest service levels for our customers.
Please contact your sales representative for details regarding the price increase announcement.