Effective October 1, 2014, or as contracts allow, Cabot Corporation will increase prices, up to 8 percent globally, for specialty carbon products. This price increase is required due to escalating operating and environmental compliance costs, as well as continued investment in technology controls necessary to comply with enhanced environmental regulations at specialty carbon plants.
The increase is necessary to ensure Cabot remains a reliable, long-term supplier of high quality products and services, and ensures continued investment in new products and applications development to support customers.