Cabot announces price increase for carbon black products world-wide
Boston, MA – Effective for all shipments on or after November 1, 2023, or as contracts allow, Cabot Corporation will raise prices globally by up to 9% for carbon black products sold by its specialty carbons business. This price increase will address higher costs associated with continued inflationary impacts on manufacturing operations, including higher operating and maintenance costs. It will also address environmental compliance costs associated with Cabot’s continued investment in necessary technology controls to comply with enhanced environmental regulations at its specialty carbons manufacturing facilities. The increase will vary by product and geography.
This increase will help ensure that Cabot remains a reliable, long-term supplier of high-quality products and services. Additionally, it will enable continued investment in the development of new products and applications to support its customers.