Boston, Massachusetts – Cabot Corp is increasing prices for its rubber carbon black reinforcement materials in North America, effective 1 June.
The company announced 13 April that the prices for all Vulcan, Sterling, Regal, Spheron and Propel carbon black products would increase by $0.045/lb except for Vulcan XC-72, Vulcan XC-72 R and Sterling C carbon blacks.
Prices will increase by 4% for Black Pearls, Monarch, CRX, Vulcan XC-72, Vulcan XC-72 R and Sterling C carbon black products.
The US carbon black supplier said the price increase was necessary to address “persistently rising costs” associated with the manufacturing, regulatory and environmental compliance, packaging, and logistics.
The price increase, said Cabot, will enable it to remain a “reliable supplier of high-quality carbon black products to meet growing demand in the region.”