CABOT CORPORATION TO INCREASE PRICES GLOBALLY FOR CARBON BLACK PRODUCTS SOLD BY ITS SPECIALTY CARBONS BUSINESS
Effective for all shipments on or after November 6, 2022, or as contracts allow, Cabot Corporation (NYSE: CBT) will raise prices globally for carbon black products sold by its specialty carbons business. This price increase is necessitated by the rise in raw material costs as well as other production-related costs. The increase and timing will vary by product and geography.
These price adjustments will help ensure that Cabot remains a reliable, long-term supplier of high-quality products and services to its customers.