Orion to increase carbon black prices in EMEA
Orion Engineered Carbons has announced it is increasing prices for all Rubber Carbon Black grades sold in the EMEA region (Europe, Middle East and Africa).
The new rates will go into effect with shipments beginning July 1, 2017. Due to increasing operating expenses and the cost required to meet more stringent customer quality standards and service levels, invoice prices for rubber carbon blacks are being adjusted by €60 to €90 /MT to existing agreements. The worldwide supplier of carbon black said the increase is necessary to provide customers with a continuous supply of quality carbon black products in a competitive environment. The company said it is committed to investing to maintain its position as an innovator and to serve the rubber industry with quality products. Orion runs 14 production sites and four technology centers globally.