LUXEMBOURG—Orion Engineered Carbons GmbH will raise prices for all carbon black grades sold in the Europe, Middle East and Africa region, beginning Aug. 1.
Prices will be adjusted between $82 and $107 per metric ton, in line with existing contracts and agreements, according to the firm.
Orion said the price increases are needed to offset operating expenses which continue to rise because of high utilization rates and the desire to continuously invest in its manufacturing network.