Orion Engineered Carbons Raises Acetylene Black Pricing by 20% Starting Next Month
04:45 PM EST, 02/05/2021 (MT Newswires) -- Orion Engineered Carbons (OEC) said late Friday that it plans to increase the pricing for acetylene black by 20%, effective March 1, reflecting investments it has made in a production plant in France as well as rising costs for packaging, transportation and environmental obligations.
Following the acquisition of the acetylene black plant, the company said it adjusted the facility's strategic focus and that required new investments, according to a statement. Acetylene black is used in the production of lithium-ion batteries.
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