Cabot Corporation, a global company specializing in the production of specialty chemicals and materials, announced that it will increase the price of its carbon black products
November 20, 2024, 11:31 AM
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Cabot Corporation is considering a price increase for its carbon black products starting December 1, 2024, due to inflation impacts on labor and supply chain costs. The adjustments, varying by product and region, aim to ensure reliable supply of high-quality products and services while advancing sustainability goals.
Cabot Corporation would begin to consider increasing prices of carbon black products sold by its Specialty Carbons business, worldwide, on or after December 1, 2024, or as contractually permitted. Price increase is required as a result of inflation impacting labor, maintenance and other manufacturing operations, supply chain-related costs. It will vary based on product and region.
Such adjustments will assure that Cabot can continue to supply its customers with reliable, long-term supplies of high-quality products and services. Cabot is committed to ensuring supply security and providing best-in-class services to its customers, which include technology and process innovations, while advancing its sustainability goals.
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