Cabot to hike prices for all carbon black products in North America to cope with inflationary manufacturing costs, starting from Oct. 1, 2023, with an increment between 6% to 9% based on product and packaging type

Sample article from our Chemicals Industry

August 16, 2023 (press release) –

BOSTON – August 16, 2023 – Cabot Corporation announced it will increase prices for all carbon black products sold by its Reinforcement Materials segment in North America, effective for all shipments on or after October 1, 2023, or as customer contracts allow. The price increase will range from 6% to 9%, depending on product and packaging type.

This price increase will address higher costs associated with continued inflationary impacts on manufacturing operations, including higher operating and maintenance costs needed to ensure a continuation of Cabot’s reliable and consistent supply of carbon black to its customers. In addition, the price increase will address additional costs to advance sustainability objectives for both Cabot and its customers.

Cabot is also investing in projects to meet government requirements to control air emissions from its carbon black manufacturing facilities in North America. The cost and complexity of Cabot’s manufacturing operations are increasing substantially as these large and highly technical systems are constructed and put into service.

Furthermore, Cabot is making significant investments in the development of new sustainable products and processes to respond to customers’ requests to increase sustainable material content and reduce their CO2 footprint. These include a pipeline of development projects supporting Cabot's EVOLVE® Sustainable Solutions technology platform for advancing sustainable reinforcing carbons.

Collectively, these actions will enable Cabot to continue to supply its customers with industry-leading solutions while providing high levels of quality as well as the sustainability benefits its customers desire.


Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of reinforcing carbons, specialty carbons, battery materials, engineered elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed metal oxides and aerogel. For more information on Cabot, please visit the company’s website at

# # # 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K. 

Contact: Emily Moran
Corporate Communications
(617) 460-4517

Steve Delahunt
Investor Relations
(617) 342-6255

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.

More from our Chemicals Industry Coverage
See our dashboard in action - schedule an demo
Dan Rivard
Dan Rivard
- VP Market Development -

We offer built-to-order chemicals industry coverage for our clients. Contact us for a free consultation.

About Us

We deliver market news & information relevant to your business.

We monitor all your market drivers.

We aggregate, curate, filter and map your specific needs.

We deliver the right information to the right person at the right time.

Our Contacts

1990 S Bundy Dr. Suite #380,
Los Angeles, CA 90025

+1 (310) 553 0008

About Cookies On This Site

We collect data, including through use of cookies and similar technology ("cookies") that enchance the online experience. By clicking "I agree", you agree to our cookies, agree to bound by our Terms of Use, and acknowledge our Privacy Policy. For more information on our data practices and how to exercise your privacy rights, please see our Privacy Policy.