Orion raising specialty black prices

Last week, Orion Engineered Carbons announced it will raise pricing for its specialty carbon black products by up to 20 percent globally, effective July 1, 2021, or as soon as individual contracts allow, for all shipments on or after that date. The company said that the price increase is necessary due to continuous higher demand for its specialty products, as well as sharply rising global raw material and supply chain costs.