Cabot, Birla to raise prices of carbon black products

Two leading carbon black suppliers–Cabot and Birla Carbon– have announced increase in prices of carbon black products to partially offset the rise in cost of production.

Cabot said it will increase prices on all carbon black products in its reinforcement materials segment sold in Europe, the Middle East and Africa (EMEA) effective June 12, 2017. Cabot will implement price adjustments in the range of €50-80 per MT, in addition to any applicable feedstock index-related adjustments, for rubber carbon black products.

Birla Carbon has announced it is increasing carbon black prices in Europe and Africa by €70/MT with effect from July 1, 2017. The company said the price increase is necessary to address a combination of factors such as market environment, raw material costs, and increasingly stringent regulatory requirements.

Read the source article at Rubber Asia