Effective for all shipments on or after December 1, 2024, or as contracts allow, Cabot Corp. will raise prices globally for carbon black products sold by its specialty carbons business. According to the company, the price increase is necessitated due to the impact of inflation on labor, maintenance, and other manufacturing operations as well as supply-chain-related costs. The increase will vary by product and geography.
Cabot stated that the price adjustments will help ensure that the company remains a reliable, long-term supplier of high-quality products and services to its customers. Cabot also stated that it is committed to ensuring supply security and the highest service standards for its customers, delivering technology and process innovations while also advancing its sustainability targets.
Learn more at www.cabotcorp.com.