BOSTON--(BUSINESS WIRE)--Apr. 12, 2017--
Effective April 12, 2017, or as contracts allow, Cabot
Corporation will increase prices by up to 18 percent for its fine
cesium chemicals product portfolio. Demand for Cabot’s fine cesium
chemicals products increased in late 2016 and has continued into 2017.
This price adjustment is required to support ongoing investments in
Cabot’s fine cesium chemicals manufacturing facility co-located with its
mining operations in Lac du Bonnet, Manitoba, Canada. The increase will
also help to ensure Cabot remains a reliable, long-term supplier of high
quality cesium products, and continues to deliver exceptional support to
its customers.
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a
global specialty chemicals and performance materials company,
headquartered in Boston, Massachusetts. The company is a leading
provider of rubber
and specialty
carbons, activated
carbon, inkjet
colorants, cesium
formate drilling fluids, fumed
silica and aerogel.
For more information on Cabot, please visit the company’s website at: http://www.cabotcorp.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: Statements in the press release regarding Cabot's business that
are not historical facts are forward looking statements that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward looking statements, see "Risk Factors" in the
Company's Annual Report on Form 10-K.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170412005050/en/
Source: Cabot Corporation
Cabot Corporation
Vanessa Craigie, 617-342-6015
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