Cabot eyes elastomer composites expansion in Malaysia

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KUALA LUMPUR, Malaysia—Cabot Corp. has reviewed long-term growth plans for its composite elastomers in Port Dickson, Malaysia, with the Malaysian Investment Development Authority.

The Boston-based company has been carrying out liquid mixing of elastomer composites at the site since 1995 and was under a 10-year exclusive technology license with Michelin until recently. In 2017, Cabot announced an investment to expand the elastomer composites product line to serve a broader customer base.

Read the source article at Rubber and Plastics News

Cabot to expand elastomer composites facility in Malaysia

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Representatives from Cabot Corporation’s elastomer composites leadership team recently met with members of the Malaysian Investment Development Authority about Cabot’s long-term growth plans in Port Dickson, Malaysia. In 1995, Cabot built the world’s first facility dedicated to liquid mixing of elastomer composites in Port Dickson and has continued to develop this revolutionary technology at that site.

Read the source article at Rubber Asia

Cabot Corp Reports Second Quarter Fiscal 2019 Results

BOSTON–(BUSINESS WIRE)–May 6, 2019– Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2019.

Key Highlights

  • Positive impact from calendar year 2019 tire customer agreements more than offset by pricing weakness in China in Reinforcement Materials
  • Performance Chemicals impacted by soft automotive demand and a less favorable product mix
  • Announced agreement to divest Specialty Fluids segment in transaction valued at $135 million
  • Continued commitment to return cash to shareholders with $70 million of dividends and share repurchases in the quarter

Read the source article at Markets data

Cabot to implement feedstock surcharge for carbon blacks

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Boston, Massachusetts – Cabot Corp. will be applying a feedstock surcharge of $0.01/pound to all carbon black products sold in North America as of 1 April.

The move, said an 11 March Cabot statement, is in response to “significant carbon black feedstock costs, which are not fully reflected in fuel oil price indices.”

Read the source article at European Rubber Journal

Cabot plant celebrates 75 years

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On 25 November, Cabot Corporation’s Ville Platte, Los Angeles carbon black manufacturing facility celebrated 75 years in operation. Established in 1943, Cabot Ville Platte is the oldest plant in Cabot’s network, and today operates four manufacturing units that produce 11 different grades of carbon black, primarily sold to customers throughout North America for rubber reinforcement applications.

Read the source article at Tyrepress

Cabot reinforcement segment reports jump in sales, earnings

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BOSTON—Cabot’s reinforcement materials segment, which includes its rubber carbon black business, has posted a 33 percent year-on-year growth in full-year earnings (EBITDA) to $350 million.

Read the source article at Rubber and Plastics News

Cabot acquires Chinese carbon black manufacturer

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BOSTON – Cabot Corp. has acquired Chinese carbon black manufacturing company NSCC Carbon (Jiangsu) Co. Ltd., from Nippon Steel Carbon Co.

Read the source article at Rubber and Plastics News

Cabot Corporation Increases Prices for Specialty Compounds Globally

BOSTON – Effective October 1, 2018, or as contracts allow, Cabot Corporation will increase prices, up to 7 percent globally, for its PLASBLAK® masterbatches as well as its CABELEC® conductive compounds and concentrates. This price increase is required to offset the dramatic rise in raw material costs. The increase will help to ensure that Cabot remains a reliable, long-term supplier of high quality products and services.

Read the source article at Investors

Earnings up 45% at Cabot rubber blacks unit

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Boston, Massachusetts – Cabot Corp. has reported a 45% year-on-year rise in earnings (EBIT) to $74 million at its Reinforcement Materials unit for its fiscal third quarter lifting margins 2 percentage points to 16%.

Higher earnings, said Cabot, were driven mainly by “continued…

Read the source article at European Rubber Journal

Nexeo Solutions Named Distributor in Canada for Cabot Corporation

THE WOODLANDS, Texas, June 14, 2018 (GLOBE NEWSWIRE) — Nexeo Solutions, Inc. (NASDAQ:NXEO) and Cabot Corporation (“Cabot”) have expanded their agreement to distribute Cabot’s specialty carbon, fumed silica, fumed alumina, dispersion, and aerogel product lines in Canada. …

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“Working with Nexeo Solutions to distribute our high-value products to customers has proven to bring numerous benefits to our customers,” said Bill Masterson, Cabot North American Commercial Director, Performance Chemicals segment. “We are pleased to expand our partnership with Nexeo Solutions and believe that working with a global leader that shares our drive for technical innovation will help deliver meaningful benefits to our customers in Canada.”

Read the source article at Stock Market Quotes and News