1). Effective May 2, 2019, or as contracts allow, Cabot Corporation will increase prices for specialty carbon black products by up to 8 percent in North America. This price increase is necessary to offset rising raw material costs and invest in technology to enhance supply reliability and comply with environmental regulations.
2). On March 22, Birla Carbon announced that effective May 1, 2019 it will increase base prices for all carbon black products in North America by $170/MT. All shipments made on or after this date are subject to the price increase. Adjustments for customers with supply agreements will be implemented as agreements are renewed. According to the company, this increase is made necessary by capital requirements and increased operating cost associated with meeting emission limits in the United States and the increasing cost of compliance elsewhere in North America.