Cabot reports lower profits in challenging environment

Boston, Massachusetts – Cabot Corp. has posted a 4.8% decline in earnings for its reinforcement materials segment for the financial year ended 30 Sept, due mainly to the challenging Chinese business environment.

Earnings for the segment, which supplies rubber and speciality carbon blacks for the rubber and plastics industries, fell to $266 million (€240 million) during the 12-month period, on 22.5% higher sales of $1.8 billion, Cabot reported 5 Nov.

Read the source article at European Rubber Journal

Cabot exec sees limits on use of rCB in tires

London – There are major technical challenges to overcome before recycled carbon black (rCB) can be used as an effective alternative filler in tire compounds, believes Bart Kalkstein, president, reinforcement materials at Cabot Corp.

It is important to consider all available opportunities for tire recycling, Kalkstein set out in a Q&A interview for a new ERJ Special Report on Sustainability.*

Read the source article at European Rubber Journal

Tire & Rubber Summit 2019: Suppliers ready to overcome tire industry challenges

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TORONTO—Raw material suppliers face various challenges in providing tire makers with the quality and quantity of materials they need. But they are more than prepared to meet those challenges.

This was the message representatives from three raw materials sectors—carbon black, natural rubber and synthetic rubber—had for attendees at “Driving to the Future,” the 2019 Tire & Rubber Summit sponsored by the Tire and Rubber Association of Canada.

Read the source article at Rubber and Plastics News

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 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