Cabot will raise the price of rubber carbon black in North America

Cabot announced that starting from October 1, the price of all rubber carbon black products sold by the company's reinforcing materials department in the North American market will be increased by 6% to 9%. The specific price adjustment will vary based on the product variety and Packaging type.

Cabot said rising costs, the impact of inflation and rising operating and maintenance expenses were the driving factors behind the price adjustment. Cabot added that the move is also to ensure that customers are provided with highly reliable and uniform products. Currently, Cabot is also actively promoting sustainable development goals, including investing in and installing environmentally friendly emission control equipment at various production bases on the African continent. The construction and commissioning of these large-scale, high-tech pollution prevention and control systems have not only improved Cabot's environmental protection level, but also increased operating costs and complexity. This price increase will also help Cabot better address additional costs associated with the Sustainable Development Goals, including operating and product development expenses.