Cabot Corporation will increase prices by up to 10% globally for its specialty carbon products, effective September 1, or as contracts allow. This price increase is required due to escalating costs associated with logistics, raw materials, environmental compliance and capital improvements.
According to the company, the increase will help ensure it remains a reliable, long-term supplier of high quality products and services. It will also enable continued investment in the development of new products and applications to support customers.
Cabot is dedicated to ensuring supply security and the highest service standards for its customers, delivering innovative new products and processes, and achieving its sustainability targets.
