CALGON CARBON ANNOUNCES GLOBAL PRICE INCREASE

Calgon Carbon Corporation is announcing a global price increase, effective immediately, where contracts permit, on all activated carbon products due to a continued escalation in the cost of raw materials. The increase is expected to range between 5-20%, depending on the specific product, raw material type, services provided, and global considerations.

The primary raw materials used for producing activated carbon are coal, coconut shell, and wood, each of which has gone up in price. Additionally, costs associated with operating manufacturing facilities and moving freight have also escalated.

“Calgon Carbon has made every effort to reduce costs with process improvements, but the recent hike in raw material costs has exceeded our endeavors,” said Jim Coccagno, Executive Vice President, Core Carbon Services Division.  “This price revision is necessary to ensure the continued supply of the highest quality activated carbon products and services to our customers.

Calgon Carbon Corporation is announcing a global price increase, effective immediately, where contracts permit, on all activated carbon products due to a continued escalation in the cost of raw materials. The increase is expected to range between 5-20%, depending on the specific product, raw material type, services provided, and global considerations.

The primary raw materials used for producing activated carbon are coal, coconut shell, and wood, each of which has gone up in price. Additionally, costs associated with operating manufacturing facilities and moving freight have also escalated.

“Calgon Carbon has made every effort to reduce costs with process improvements, but the recent hike in raw material costs has exceeded our endeavors,” said Jim Coccagno, Executive Vice President, Core Carbon Services Division.  “This price revision is necessary to ensure the continued supply of the highest quality activated carbon products and services to our customers.