Cabot Corporation raises specialty compound prices by up to 20%

Effective immediately or as contracts allow, Cabot Corporation will raise prices globally for products sold by its specialty compounds business. Price increases will be up to 20 percent, depending on the product and region. Furthermore, Cabot will implement an additional ongoing surcharge, with adjustments continuously evaluated as market conditions evolve.

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According to Cabot, this price increase and ongoing surcharge is necessary due to supply chain disruptions related to the Middle East conflict as well as escalating transportation, energy, and raw material costs.