ERJ staff report (TP)
Boston – Cabot Corp. announced it will increase prices, up to 8 percent globally, for speciality carbon products, effective 1 October, or as contracts allow.
Cabot said this price increase is required due to escalating operating and environmental compliance costs, as well as continued investment in technology controls necessary to comply with enhanced environmental regulations at specialty carbon plants.
Cabot Corp. is a speciality chemicals and performance materials company, headquartered in Boston, Massachusetts.
The company is a provider of rubber and specialty carbons, activated carbon, inkjet colorants, cesium formate drilling fluids, fumed silica, aerogel, and elastomer composites.