14 Nov 2005
Parsippany, New Jersey--Degussa Engineered Carbons L.P. said it will boost its energy surcharge for carbon black and thermal black grades in North America effective Sept. 15.
The surcharge will increase the cost three to four cents on the majority of its carbon blacks, depending on the grade. It will remain in effect until further notice, according to the company.
DEC, co-owned by Duesseldorf, Germany-based Degussa AG and Engineered Carbons Inc, of Montvale, New Jersey, said it has been absorbing unprecedented feedstock, natural gas and cost increases, which have negatively impacted the firm's results. The company can't continue to do so in the hope that costs will return to 2004 levels, it said.
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