ASBURY, N.J.--(BUSINESS WIRE)--Asbury Carbons Inc. announced today that it will be introducing price increases for its graphite products (natural and synthetic) as well as cokes and non-carbon materials.
Price increases will range up to 10 percent, depending on the product and grade, and will go into effect for shipments beginning January 1, 2024.
These price increases are necessary to help offset the increased cost of raw materials, energy, transportation, and manufacturing.
ABOUT ASBURY CARBONS, INC.
Founded in 1895 by Harry M. Riddle and based in Asbury, NJ, Asbury Carbons Inc. is the world's most reliable source for high-quality graphite, cokes, carbon materials, and graphene-engineered solutions. The company provides more than 2,000 grades of materials, which it processes to customers’ exacting requirements for various applications, including polymers and rubbers, paints and coatings, lubricants, specialty ceramics, friction products, insulation, and other materials. For nearly 130 years, Asbury has set an industry standard for meeting customers’ needs, providing flexible and innovative solutions, and investing in employees. The company operates 12 manufacturing locations across the U.S., Mexico, Canada, and the Netherlands and has sales offices across North America, Europe and Asia. For more information, please visit https://www.asbury.com/.