Donghai Carbon and Cabot successively announced increases in carbon black prices in North America

Recently, Japan's Tokai Carbon CB announced that it will increase the market sales price of all carbon black varieties in North America starting from November 1, or from the date specified in the contract. In this price adjustment statement, Donghai Carbon stated that it would incorporate various surcharges that had been added in previous temporary projects in the United States into its "permanent pricing structure." Although the carbon black supplier did not disclose details such as specific price increases, they encouraged customers to contact sales representatives for more information.

Donghai Carbon pointed out that the rising cost of carbon black production in the United States is the main reason for this price increase. He also emphasized that over the past five years, the company has invested a lot of money to meet the needs of American customers to support future sustainable development. It is expected that various costs related to environmental control, quality reliability, safety and labor will continue to rise in the future. Despite this, Donghai Carbon is committed to continuing to provide customers with the highest level of services to the highest quality standards.

Prior to this, Cabot Company also announced that it would increase the price of all rubber carbon black products sold in the North American market starting from October 1, which will range from 6% to 9%. The specific price adjustment varies depending on the variety and packaging type.

Cabot, a company that focuses on specialty chemicals and high-performance materials, pointed to rising costs, the impact of inflation and rising operating and maintenance expenses as the main drivers of the price adjustment. Cabot emphasized that this price increase is also to ensure that customers are provided with reliable and uniform performance products.

Cabot said the price increase will help the company better cope with additional costs associated with the Sustainable Development Goals, including operating and product development expenses. In terms of operations, Cabot is actively investing in various production bases on the African continent, equipping and installing environmentally friendly emission control equipment. "As these large, high-tech pollution prevention and control systems are built and put into use, the cost and complexity of Cabot's manufacturing operations are increasing significantly," the company said in a statement.