"Additional supply will be needed to feed the demand for the 180 end products that require graphite," Chris Berry, founder of the market research firm House Mountain Partners LLC, said, citing forecasted growth in demand from "next generation technologies (batteries)" underpinned by strong existing consumption from the steel industry.
Commenting on the increasing cost demands being faced by the company, Chris Senyk, FMC's global marketing director, said: "During 2012 continued raw material price pressures and rising transportation costs has made this price increase necessary".
"It is about stable pricing both for consumers and for producers," one source outlined. "It has to be such, or end users will seek any available alternatives."
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