BOSTON—Cabot Corp. said it will increases prices up to 5 percent for black masterbatches and conductive compounds and concentrates, effective Nov. 1.
The firm said the increase is caused by escalating costs of operations and regulatory compliance, in addition to the increased costs of carbon black and other key raw materials.
Cabot said the increase is necessary to ensure it remains a reliable, long-term supplier of high-quality black masterbatches and specialty compounds.
Cabot Corp. is a global specialty chemicals and performance materials company, headquartered in Boston. The firm provides rubber and specialty carbons, activated carbon, inkjet colorants, cesium formate drilling fluids, fumed silica, aerogel and elastomer composites.