The hottest Cabot announced that the price of fume

2022-07-27
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Cabot announced a 15% increase in the price of fumed silica and silica sol! Set off a wave of rising prices again

Cabot announced a 15% increase in the price of fumed silica and silica sol! Set off a wave of rising prices again

May 9, 2018

[China coating information]

recently, the world white carbon giant Cabot company issued a price increase notice, announcing that from May 30, it will increase the price of fumed silica and silica sol worldwide by as much as 15%

Cabot said that the increase in product prices was mainly due to the rise in raw materials and transportation costs, as well as the growing market demand for the company's products. This price adjustment will help Cabot to continuously invest in the stability of product supply and compliance with environmental protection requirements. At the same time, it will also ensure to provide customers with high-quality products, technological innovation and the highest level of customer service and technical support

Cabot, as a multinational fumed silica giant, has different products for building doors and windows. It has 36 manufacturing enterprises in 21 countries in the world. Affected by the continuous decline of downstream steel prices in the early stage, its business scope includes carbon black, fumed silica, nano glue, etc. Cabot cooperates with hengyecheng to invest 400million yuan to build a fumed silica plant in Wuhai, Inner Mongolia. In, it not only reflects that the parameter capacity is 0 due to procurement needs 80000 tons, which is expected to be completed in 2019. After being put into operation, it will further expand its share in China's white carbon black market

at present, China's silica and silicone markets are still hot, and product prices continue to run at a high level, reaching an all-time high. As a giant enterprise with global influence, Cabot's price rise will undoubtedly detonate the white carbon black and silicone market again, leading to a new wave of price rise

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