Columbian Chemicals Co. announces price increase in Europe

Columbian Chemicals Co. announced today that the company will increase the price of rubber-grade carbon blacks produced at its five European manufacturing facilities. The increase of € 100 per metric ton will be effective on all shipments made on or after October 10, 2005.

“Raw material, energy and transportation costs continue to rise to unprecedented levels. Unfortunately, these cost increases can no longer be absorbed by Columbian, and higher prices are required for us to remain a long-term viable supplier,” said James E. Howard, senior vice president of marketing, sales and carbon black technology.

Columbian remains a committed global business partner, providing a broad range of value-added products and services. The company strives to align assets to meet the future needs of its customers.

Columbian Chemicals Co. is one of the world’s leading producers of carbon black – an engineered material that improves the strength, durability and overall performance of a range of products including tires and other mechanical rubber goods, as well as inks, paints, plastics and coatings.

Based in Marietta, Georgia, Columbian Chemicals Co. is a subsidiary of Phelps Dodge Corp., one of the world’s leading producers of copper. Columbian Chemicals Co. owns and operates 12 carbon black manufacturing facilities in Brazil, Canada, England, Germany, Hungary, Italy, Korea, Spain and the United States.

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