HOUSTON — Orion Engineered Carbons S.A. announced that the company is increase pricing for acetylene black. Following the acquisition of its acetylene black plant in France, the company reported that it adjusted the facility’s strategic focus, requiring new investments to better serve the growing market demand for acetylene black used in lithium-ion battery production. In addition to these strategic investments, the company reported that it has also been confronted with rising costs for packaging, transportation and environmental obligations. Against this backdrop, Orion will raise its acetylene black prices by 20% globally on March 1, 2021, or as contracts allow.
To learn more, visit www.orioncarbons.com.