Cabot to increase prices globally for carbon black products
Boston, MA – Effective for all shipments on or after December 1, 2021, or as contracts allow, Cabot Corporation will increase prices globally for carbon black products sold by its specialty carbons business. This price increase is necessitated by the significant rise in prime raw material costs across regions.
In addition, effective for all shipments on or after November 1, 2021, or as contracts allow, Cabot will apply a surcharge on specialty carbon black products produced in Europe. This surcharge is necessary to address the unprecedented and rapid increase in natural gas costs.
These price adjustments will help ensure that Cabot remains a reliable, long-term supplier of high-quality products and services. Furthermore, it will enable continued investment in the development of new products and applications to support customers.