Cabot Corporation to Decide on Carbon Black Price Increases after December 1, 2024

December 12, 2024, 11:07 AM

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Cabot Corporation is evaluating a potential price increase for its carbon black products sold globally by its Specialty Carbons business, effective on or after December 1, 2024. This decision is driven by rising costs linked to inflation, labor, and supply chain issues. The price adjustments will differ by product and region, ensuring the company maintains a reliable supply of high-quality products and services for its long-term customers while advancing its sustainability efforts.

Cabot Corporation will determine whether to increase prices for carbon black products sold by its Specialty Carbons business globally, beginning on or after December 1, 2024, or as permitted by contract. Such price increases are necessary due to the impact of inflation on labor, maintenance and other manufacturing operations and supply chain-related costs. Increases will vary by product and geography.

Cabot Corporation to Decide on Carbon Black Price Increases after December 1, 2024

Now, price increases will allow Cabot to ensure that its long-term customers will continue with reliable supply, high-quality products, and services. Cabot will ensure delivery of security of supply and highest service standards for its customers with technology and process innovations while progressing its sustainability goals.

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