Hanover, Germany – Carbon black producer Birla Carbon is increasing its carbon black prices in its Europe and Africa region.
The company announced on 22 May that the price for the materials will increase by €70 per tonne as of 1 July.
The increase, said the Mumbai, India-based carbon black company, was necessary to address market environment, raw material costs and increasingly stringent regulatory requirements.
As previously announced by ERJ, Boston, Massachusetts-based Cabot Corp. also announced earlier in May that it was increasing prices on all carbon black products in Europe, Middle East and Africa (EMEA) region by mid-June.
“Despite ongoing efforts to offset these costs, price adjustments will be implemented in the range of €50 to €80 per tonne, in addition to any applicable feedstock index-related adjustments, for rubber carbon black products,” Cabot added in a 12 May statement.