Tokai Carbon to Increase Price for Carbon Black on Rising Oil Prices

Tokai Carbon Co. Ltd. (TYO:5301) announced on July 13 that it will increase the price at which it sells carbon black by 6.5 yen per kilogram for deliveries beginning Aug. 1. The change will apply to all varieties of carbon black the company sells in Japan. In its announcement, Tokai Carbon explained that the price of crude oil used to…

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