MUMBAI, India—Global carbon black manufacturer and supplier Birla Carbon will be increasing the prices for its lines of specialty black products, the company said Dec. 10.
These price hikes will be applied to product price lists across every region beginning in Q1 2025, the company said, and as contracts permit. Birla Carbon, part of the Aditya Birla Group, is the third carbon black company to announce price hikes since November.
The increases will help to mitigate rising costs due to ongoing inflation throughout the rubber and plastic industry, according to the firm.
"The increases are necessary to ensure that Birla Carbon can continue to invest in the reliability and safety of its factories, the research and development of new and better products, and to cover inflationary costs in raw materials, packaging and freight, that have been absorbed since the last increases were announced," company officials said in a statement.
The company said its products sport exceptional tinting strength, conductivity, dispersibility and UV-resistance.
Officials added that sales representatives from Birla will be communicating specific price increases on a customer-by-customer basis in the near future.
