Boston, Massachusetts – Cabot Corp. is increasing prices on all rubber carbon black products in Europe, Middle East and Africa (EMEA) for all shipments made on or after 1 July.
The hike, said a 1 June release, was the result of “persistent rising costs associated with high utilisation rates, increased operating and regulatory costs, and higher logistics expenses in the EMEA region.”
Cabot will increase prices by 80 €/tonne, in addition to any applicable index-related adjustments, for all rubber carbon black products.
The products include Black Pearls, CRX, Endure, Propel, Regal, Vulcan, Sterling and Spheron carbon black grades.
Cabot’s price hike on rubber blacks in North America came into effect 1 June.