Industry News

DEC To Increase Energy Surcharge For Carbon Black In North America

Published on 2005-08-29. Author : SpecialChem

PARSIPPANY, N.J. -- Degussa Engineered Carbons (DEC) will increase its energy surcharge for carbon black and thermal black grades in North America because of the continued unprecedented rise in energy costs.

Effective September 15, 2005, DEC's energy surcharge will increase 3 - 4 cents per pound for the majority of carbon black, depending on the grade.

The energy surcharge, which represents only a small portion of the total energy costs of carbon black production and distribution, will remain in effect until further notice.

For the past year, DEC has absorbed feedstock, natural gas, and transportation cost increases, which have negatively impacted the company's results. The company can no longer absorb energy price increases in the hope that costs will return to 2004 levels.

DEC produces and markets furnace grade carbon blacks for the rubber and pigment industries in North America and thermal blacks worldwide.

DEC is headquartered in Parsippany, New Jersey and is co-owned by Degussa AG, Duesseldorf, Germany, and Engineered Carbons Incorporated, Montvale, New Jersey.

Degussa: Creating Essentials:

Degussa is the global market leader in specialty chemicals. Our innovative products and system solutions make an indispensable contribution to our customers' success, which we sum up by our claim "creating essentials". In fiscal 2004 Degussa's 45,000 employees worldwide generated sales of 15.3 billion dollars.

Source: Degussa

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