Sid Richardson Carbon, the largest carbon black producer in the United States, today announced a price increase for carbon black effective July 1, 2016, or as contracts allow. Price increases of 4% to 6% will be implemented. The company also will implement changes to its Standard Terms and Conditions of Sale and its Standard Packaging and Premium Charges, in each case effective July 1, 2016.
In the press release announcing the increase, William Jones, President and CEO of Sid Richardson Carbon, said that the price increases are necessary to offset increased operational costs associated with increasing governmental regulations, increases in the cost of labor and capital equipment necessary to maintain plant infrastructure, and inflation-related impacts.
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