Cabot Corporation

Cabot Corporation Achieves Operation Clean Sweep® Europe Certification

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星期三, 六月 5, 2024

Cabot Corporation (NYSE: CBT) today announced it has attained Operation Clean Sweep® (OCS) Europe certification at its two masterbatch and compounding facilities in Pepinster and Loncin, Belgium.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced it has attained Operation Clean Sweep® (OCS) Europe certification at its two masterbatch and compounding facilities in Pepinster and Loncin, Belgium.
  • The company is one of the first black masterbatch manufacturers in Europe to earn this third-party certification.
  • Achieving OCS Europe certification at these facilities is a testament to the company’s unwavering commitment to acting responsibly for the planet by implementing responsible management practices that reduce plastic waste in the environment.
  • Cabot has been at the forefront of advocating for and implementing the OCS certification scheme across Europe, demonstrating its dedication to advancing sustainable practices within the plastics industry.

Cabot Corporation Earns Platinum Rating from EcoVadis for Fourth Consecutive Year

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星期四, 五月 23, 2024

Cabot Corporation (NYSE: CBT) has achieved a platinum rating from EcoVadis , the highest recognition available, for the fourth consecutive year.

Key Points: 
  • Cabot Corporation (NYSE: CBT) has achieved a platinum rating from EcoVadis , the highest recognition available, for the fourth consecutive year.
  • The platinum rating recognizes Cabot’s environmental, social and governance (ESG) efforts and places Cabot among the top 1% of companies assessed by EcoVadis.
  • The EcoVadis methodology is built on international sustainability standards, including the Global Reporting Initiative, United Nations Global Compact and ISO 26000.
  • Cabot achieved improved scores in two out of the three rated areas, including a ‘B’ rating in climate change and a ‘B-' rating in supplier engagement.

Cabot Corporation Launches New Universal Circular Black Masterbatches with Certified Sustainable Material

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星期一, 五月 13, 2024

Cabot Corporation (NYSE: CBT) today announced the launch of its new REPLASBLAK® universal circular black masterbatches with certified sustainable material.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the launch of its new REPLASBLAK® universal circular black masterbatches with certified sustainable material.
  • The new REPLASBLAK universal circular black masterbatches are powered by EVOLVE® Sustainable Solutions and will enable Cabot to continue to deliver the high-performance, quality and reliability that the plastics industry requires at scale for certified circular solutions.
  • The two new products, REPLASBLAK® reUN5285 universal circular black masterbatch and REPLASBLAK® reUN5290 universal circular black masterbatch, are powered by EVOLVE Sustainable Solutions under the recovered category.
  • REPLASBLAK reUN5290 universal circular black masterbatch leverages a 20% ISCC PLUS mass balance certified material made from mechanically recycled polymer.

Cabot Corporation Board Increases Dividend

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星期一, 五月 6, 2024

On Monday, May 6, 2024, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.43 per share, an increase of 8% compared to the current quarterly dividend of $0.40 per share, on all outstanding shares of the Corporation’s common stock.

Key Points: 
  • On Monday, May 6, 2024, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.43 per share, an increase of 8% compared to the current quarterly dividend of $0.40 per share, on all outstanding shares of the Corporation’s common stock.
  • The dividend is payable on June 14, 2024, to stockholders of record at the close of business on May 31, 2024.
  • “Since 1968, we have remained committed to a continuous and growing dividend,” said Sean Keohane, President, and Chief Executive Officer of Cabot Corporation.
  • “The dividend increase reflects our positive long-term view on our underlying business fundamentals and the Board’s confidence in our ability to generate strong cash flows to fund high-growth investments and return cash to shareholders.”
    On an annualized basis, the new dividend rate is $1.72 per share versus $1.60 per share, previously.

Silicone Elastomers (HTV, RTV, LSR) Market - Global Forecast to 2029 - ResearchAndMarkets.com

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星期二, 四月 23, 2024

The superior properties of silicone elastomers stand as an ideal driver driving the growth and evolution of the silicone elastomers market.

Key Points: 
  • The superior properties of silicone elastomers stand as an ideal driver driving the growth and evolution of the silicone elastomers market.
  • Innovations in medical devices, application methods, and materials have significantly enhanced the performance, functionality, and flexibility of silicone elastomers.
  • Asia Pacific region experiences rapid growth in the silicone elastomers market due to several key factors.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the silicone elastomers market
    Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global silicone elastomers market
    Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the silicone elastomers market

Cabot Corporation and Partners Selected for $5M in U.S. Department of Energy Grant to Support Continued Advancement of Global Hydrogen Economy

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星期四, 四月 18, 2024

Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant.

Key Points: 
  • Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant.
  • This grant will be used by Cabot and its partners to support the deployment of fuel cells, which emit only water when creating electricity.
  • The transition to electric in the worldwide mobility landscape is significantly supported by fuel cells, especially in the electrification of long-distance transportation.
  • This technology will support and accelerate the establishment of a domestic catalyst supply chain, by providing a reliable source of high-performance carbon catalyst support.

Carbonova Corp. Appoints Chris Cornille as Chief Commercial Officer

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星期一, 四月 22, 2024

CALGARY, AB, April 22, 2024 /PRNewswire/ - Carbonova is excited to announce the appointment of Mr. Christopher Cornille as Chief Commercial Officer effective April 1, 2024.

Key Points: 
  • CALGARY, AB, April 22, 2024 /PRNewswire/ - Carbonova is excited to announce the appointment of Mr. Christopher Cornille as Chief Commercial Officer effective April 1, 2024.
  • Chris is a senior executive with almost 40 years of experience in the carbon supply chain, and was formerly the Chief Commercial and Supply Chain Officer of Monolith, Executive Director/Sr.
  • VP of SI Group (Global performance additives/specialty chemicals company), and Global Commercial Director of Cabot Corporation which is one of the largest carbon black producers in the world.
  • "I am very excited to join the Carbonova team as we advance towards the development of our first Commercial Demonstration Unit (CDU) alongside our growing product customer base."

Cabot Corporation to Announce Second Quarter 2024 Operating Results

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星期一, 四月 8, 2024

Cabot Corporation (NYSE: CBT) announced today that it will release operating results for the second quarter of fiscal 2024 on Monday, May 6, 2024, after market close.

Key Points: 
  • Cabot Corporation (NYSE: CBT) announced today that it will release operating results for the second quarter of fiscal 2024 on Monday, May 6, 2024, after market close.
  • The Company will host a conference call and live webcast to review the second quarter results beginning at 8:00 am (ET) on Tuesday, May 7, 2024.
  • The call will be webcast by Notified and may be accessed at Cabot’s website at https://cabotog.gcs-web.com/ .
  • If you are unable to participate during the live webcast, the call and accompanying slide presentation will be archived on the Company’s website at https://cabotog.gcs-web.com/ .

Cabot Corporation Wins Tire Technology International 2024 Awards for Innovation and Excellence for E2C® DX9660 Engineered Elastomer Composite

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星期四, 三月 28, 2024

Cabot Corporation (NYSE: CBT) has won the Tire Technology International 2024 Awards for Innovation and Excellence in the “Chemicals and Compounding Innovation of the Year” category for its E2C DX9660 engineered elastomer composite.

Key Points: 
  • Cabot Corporation (NYSE: CBT) has won the Tire Technology International 2024 Awards for Innovation and Excellence in the “Chemicals and Compounding Innovation of the Year” category for its E2C DX9660 engineered elastomer composite.
  • The Tire Technology International Awards for Innovation and Excellence award celebrates recent advances in tire technology and progress toward a greener and more sustainable industry.
  • The Tire Technology International Awards for Innovation and Excellence celebrate the very best innovations and achievements across the tire industry during the last 12 months.
  • Comprised of 13 categories, the awards were coordinated by Tire Technology International magazine and officiated by a panel of international journalists and industry experts.

Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications

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星期一, 三月 18, 2024

Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications.
  • The PROPEL E8 grade complements Cabot’s existing solutions within the PROPEL E series, which are also suitable for use in high-performance tires.
  • The PROPEL E8 solution enables better rolling resistance when compared to ASTM N200 and N100 carbon black grades.
  • For more information about Cabot’s comprehensive suite of products for EV tires and high-performance tire tread applications, visit cabotcorp.com/tire .