Article: Carbon black industry impacted by oil and natural gas. (Plastics & Coatings).(Industry Overview)

THE MARKET for carbon black remains under pressure from prolonged high costs for oil and natural gas. Producers raised prices dramatically in February and March, and those increases have held. However, rubber consumption by the tire industry appears to have slowed, and fiscal and labor troubles at Goodyear Tire & Rubber Company and other tire manufacturers could lead to long-term demand troubles for the domestic carbon black industry.

After running at a strong pace from January through April, the carbon black market slowed in May and June, notes Steve Bayless, senior vice president of marketing and business development at Continental Carbon Company. "Tire makers ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!