Cabot Corp. raises carbon black prices in North America
Cabot Corp. – one of the global players on the virgin carbon black market – will increase prices on all carbon black products sold by its Reinforcement Materials segment in North America. Effective July 1, the 6 cents per pound price rise will address "the increasing costs to provide reliability and supply assurance to customers," Cabot said in a May 24 statement. In addition, Cabot said it is investing $200 million in nitrogen oxide (NOX) and sulphur dioxide (SO2) reduction projects to meet requirements set by the Environmental Protection Agency's emissions control initiative.