2016 Press Releases

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Earnings
DateTitle 
10/31/16Cabot Corp Reports Fourth Quarter Diluted EPS of $0.83 and Adjusted EPS of $1.00
Fiscal Year 2016 Diluted EPS of $2.36 and Adjusted EPS of $3.14 BOSTON--(BUSINESS WIRE)--Oct. 31, 2016-- Cabot Corporation (NYSE: CBT) today announced results for its fourth quarter and full fiscal year 2016. Key Highlights Delivered strong fourth quarter results driven by higher margins and lower fixed costs Achieved third consecutive year of record EBIT for the Performance Chemica... 
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10/07/16Cabot Corporation to Announce Fourth Quarter and Fiscal Year 2016 Operating Results
BOSTON--(BUSINESS WIRE)--Oct. 7, 2016-- Cabot Corporation (NYSE: CBT) announced today that it will release operating results for the fourth quarter and fiscal year 2016 on Monday, October 31, 2016 after market closes. The Company will host a conference call and live webcast to review the fourth quarter and fiscal year 2016 results beginning at 2:00 pm (ET) on Tuesday, November 1, 2016. The call is being webcast by NASDAQ and may be accessed at Ca... 
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07/27/16Cabot Corporation Reports Third Quarter Fiscal 2016 Results
GAAP Diluted EPS of $0.88 and Adjusted EPS of $0.93 BOSTON--(BUSINESS WIRE)--Jul. 27, 2016-- Cabot Corporation (NYSE: CBT) today announced results for its third quarter of fiscal year 2016. Key Highlights Stronger volumes drove significant improvement in operating results both year-over-year and sequentially Fifth consecutive quarter of record EBIT for the Performance Chemicals segm... 
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07/11/16Cabot Corporation to Announce Third Quarter 2016 Operating Results
BOSTON--(BUSINESS WIRE)--Jul. 11, 2016-- Cabot Corporation (NYSE: CBT) announced today that it will release operating results for the third quarter fiscal 2016 on Wednesday, July 27, 2016 after market closes. The Company will host a conference call and live webcast to review the second quarter results beginning at 2:00 pm (ET) on Thursday, July 28, 2016. The call is being webcast by NASDAQ and may be accessed at Cabot’s web site at http://... 
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05/24/16Cabot Corporation Hosts Investor Day Event
Announces new vision and strategy for the Company, a significant increase in the dividend, and a new capital allocation strategy BOSTON--(BUSINESS WIRE)--May 24, 2016-- Cabot Corporation (NYSE: CBT) today unveiled its new “Advancing the Core” corporate strategy during its 2016 Investor Day in Boston. Key Event Highlights: New corporate strategy – “Advancing the Core” – which looks to leverage Cabot’s unique s... 
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05/12/16Cabot Corporation to Webcast Investor Day
BOSTON--(BUSINESS WIRE)--May 12, 2016-- Cabot Corporation (NYSE: CBT) announced today that Sean D. Keohane, President and CEO, and the executive management team will host an investor day on Tuesday, May 24, 2016. Cabot’s presentation and remarks will be webcast beginning at approximately 9:00am (ET) and can be accessed via the Company’s website at http://investor.cabot-corp.com. If you are unable to participate during the live webc... 
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05/02/16Cabot Corporation Reports Second Quarter Fiscal 2016 Results
Adjusted EPS of $0.70 and Diluted EPS of $0.76 BOSTON--(BUSINESS WIRE)--May 2, 2016-- Cabot Corporation (NYSE: CBT) today announced results for its second quarter of fiscal year 2016. Key Highlights Operating results improved year-over-year driven by higher margins and cost reductions Fourth consecutive quarter of record EBIT for the Performance Chemicals segment ... 
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04/12/16Cabot Corporation to Announce Second Quarter 2016 Operating Results
BOSTON--(BUSINESS WIRE)--Apr. 12, 2016-- Cabot Corporation (NYSE: CBT) announced today that it will release operating results for the second quarter fiscal 2016 on Monday, May 2, 2016 after market closes. The Company will host a conference call and live webcast to review the second quarter results beginning at 2:00 pm (ET) on Tuesday, May 3, 2016. The call is being webcast by NASDAQ and may be accessed at Cabot’s web site at http://investo... 
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02/01/16Cabot Corporation Reports First Quarter Fiscal 2016 Results
Adjusted EPS of $0.51 and Diluted EPS Loss of $0.11 BOSTON--(BUSINESS WIRE)--Feb. 1, 2016-- Cabot Corporation (NYSE: CBT) today announced results for its first quarter of fiscal year 2016. Key Highlights Global macroeconomic headwinds impacted volumes and margins Third consecutive quarter of record EBIT for the Performance Chemicals segment Implemented restructuring ... 
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01/08/16Cabot Corporation to Announce First Quarter 2016 Operating Results
BOSTON--(BUSINESS WIRE)--Jan. 8, 2016-- Cabot Corporation (NYSE: CBT) announced today that it will release operating results for the first quarter fiscal 2016 on Monday, February 1, 2016 after market closes. The Company will host a conference call and live webcast to review the first quarter results beginning at 2:00 pm (ET) on Tuesday, February 2, 2016. The call is being webcast by NASDAQ and may be accessed at Cabot’s web site at http://... 
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Dividend
DateTitle 
11/11/16Cabot Corporation Board Declares Dividend
BOSTON--(BUSINESS WIRE)--Nov. 11, 2016-- On Friday, November 11, 2016, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.30 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 9, 2016, to stockholders of record at the close of business on November 25, 2016. About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals an... 
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07/08/16Cabot Corporation Board Declares Dividend
BOSTON--(BUSINESS WIRE)--Jul. 8, 2016-- On Friday, July 8, 2016, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.30 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on September 9, 2016, to stockholders of record at the close of business on August 26, 2016. About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals and perfo... 
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05/24/16Cabot Corporation Board Increases Dividend
BOSTON--(BUSINESS WIRE)--May 24, 2016-- On Monday, May 23, 2016, the Board of Directors of Cabot Corporation (NYSE:CBT) increased the quarterly dividend on the Company’s common stock to $0.30 per share from $0.22 per share, representing a 36 percent increase. The dividend is payable on June 10, 2016 to shareholders of record at the close of business on May 27, 2016. “Cabot has paid dividends for 48 consecutive years, since becoming a publi... 
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01/08/16Cabot Corporation Board Declares Dividend
BOSTON--(BUSINESS WIRE)--Jan. 8, 2016-- On Friday, January 8, 2016, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.22 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on March 11, 2016, to stockholders of record at the close of business on February 26, 2016. About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals ... 
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Business
DateTitle 
11/07/16Cabot Corporation to Present at the Baird 2016 Global Industrial Conference
BOSTON--(BUSINESS WIRE)--Nov. 7, 2016-- Cabot Corporation (NYSE: CBT) announced today that Sean Keohane, President and Chief Executive Officer, will present at the Baird 2016 Global Industrials Conference on Tuesday, November 8, 2016 at 8:00 AM (CT). A live webcast of the presentation, along with the slides and replay will be available on the investor section of Cabot’s website http://investor.cabot-corp.com and at http://wsw.com/webcast/b... 
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10/20/16Cabot Corporation Announces Planned Investment in New Capacity to Strengthen Manufacturing Capabilities for Conductive and Engineering Thermoplastics
New capacity will expand Cabot’s capabilities in key growth industries including automotive, electronics and industrial safety BOSTON--(BUSINESS WIRE)--Oct. 20, 2016-- Cabot Corporation (NYSE: CBT) announces a planned investment in new capacity to enhance its production capabilities for plastic formulations specifically for conductive compounds and masterbatches for engineering thermoplastic applications. The strategic investment at ... 
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09/28/16Cabot Corporation Announces Sustainability Enhancements and Increased Functionality for Polymer Products
Cabot to present its products that deliver improved conductivity, purity and color at the International Trade Fair for Plastics and Rubber (K 2016) BOSTON--(BUSINESS WIRE)--Sep. 28, 2016-- Cabot Corporation (NYSE: CBT) announces new solutions for plastics applications around the key topics of sustainability, safety and conductivity and will present them at the International Trade Fair for Plastics and Rubber (K Fair) 2016 taking place ... 
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09/23/16Cabot Norit Activated Carbon Launches DARCO® H2S HF Activated Carbon for Odor Control Applications
Cabot to debut new high performance carbon solution for sewage air at WEFTEC 2016 BOSTON--(BUSINESS WIRE)--Sep. 23, 2016-- Cabot Norit Activated Carbon, the world’s largest and most experienced producer of activated carbon, announces the launch of DARCO® H2S HF activated carbon for odor control applications. The DARCO H2S HF product is designed to deliver superior hydrogen sulfide and odor removal while improving operation... 
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09/15/16Cabot Corporation to Demonstrate Innovation in Pharmaceutical Purification and Production at CPhI Worldwide
BOSTON – Sept. 15, 2016 – Cabot Corporation, a leading global specialty chemicals and performance materials  company, will present and exhibit at CPhI Worldwide 2016, the world's leading  pharmaceutical platform taking place October 4-6 in Barcelona, Spain.As  medical technologies and treatments continue to advance, there is an increased  need for ultrapure, fully traceable pharmaceuticals. Cabot's NORIT® activated  carbon is an important tool in the purification of inte... 
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09/12/16Cabot Corporation Announces Joint Venture with Inner Mongolia Hengyecheng Silicone Co., Ltd to Build State-of-the-Art Fumed Silica Plant
BOSTON--(BUSINESS WIRE)--Sep. 12, 2016-- Cabot Corporation announced today that its wholly-owned subsidiary, Cabot (China) Ltd., has signed a joint venture agreement with Inner Mongolia Hengyecheng Silicone Co., Ltd (HYC), to form a joint venture to manufacture fumed silica in China. Cabot will hold an 80 percent share in the joint venture and HYC will own the remaining 20 percent. The agreement was signed following a ceremony on September ... 
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09/06/16Cabot Corporation Prices $250 Million 3.400% Senior Notes Due 2026
BOSTON--(BUSINESS WIRE)--Sep. 6, 2016-- Cabot Corporation (NYSE: CBT) today announced that it priced a public offering of $250 million of 3.400% senior unsecured notes due 2026. The notes are being sold to the public at a price of 99.849% of the face amount thereof. Cabot will pay interest on the notes semi­annually on March 15 and September 15 of each year, beginning March 15, 2017. The sale of the notes is expected to close on September 15, 2016, subje... 
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08/29/16Cabot Corporation to Introduce Reinforcing Materials for Weather Stripping Applications in Asia
Cabot expands current portfolio with high performance carbon blacks for automotive weather stripping SHANGHAI & BOSTON--(BUSINESS WIRE)--Aug. 29, 2016-- Cabot Corporation (NYSE: CBT) recognizes that the continued development of the automotive market in China has driven increased sophistication in automotive rubber part applications. As a result, Cabot is introducing three carbon black products that are specifically designed for demanding weath... 
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08/01/16Cabot Corporation to Present at the Jefferies Global Industrials Conference
BOSTON--(BUSINESS WIRE)--Aug. 1, 2016-- Cabot Corporation (NYSE: CBT) announced today that Sean Keohane, President and Chief Executive Officer, will present at the Jefferies 2016 Global Industrials Conference on Wednesday, August 10, 2016 at 2:40pm (ET). A live webcast of the presentation, along with the slides and replay will be available on the investor section of Cabot’s website http://investor.cabot-corp.com and at http://wsw.com/webca... 
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07/28/16Cabot Corporation Names New Vice President of Investor Relations
BOSTON--(BUSINESS WIRE)--Jul. 28, 2016-- Cabot Corporation (NYSE: CBT) has appointed Steve Delahunt to the position of Vice President, Treasury and Investor Relations, company officials announced today. Mr. Delahunt will serve as the primary liaison between Cabot, its shareholders and the investment community, succeeding Erica McLaughlin. Ms. McLaughlin will assume the role of Vice President, Business Operations and General Manager of the ... 
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06/30/16Cabot Corporation Increases Prices for Specialty Carbons Globally
BOSTON – Effective August 1, 2016, or as contracts allow, Cabot Corporation will  increase prices, up to 6 percent globally, for specialty carbon products. These  adjustments will be implemented independent of raw material adjustments. This  price increase is required due to escalating operating costs, as well as  environmental compliance costs associated with Cabot's continued investment in necessary  technology controls to comply with enhanced environmental regula... 
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06/23/16Cabot Corporation Releases 2015 Sustainability Report Update
Cabot Issues Its First UN Global Compact Communication on Progress and Highlights Sustainability Progress BOSTON--(BUSINESS WIRE)--Jun. 23, 2016-- Cabot Corporation (NYSE: CBT) today released its 2015 Sustainability Report Update highlighting the company’s sustainability progress and performance in calendar year 2015. This report also serves as Cabot’s first Communication on Progress according to the Ten Principles of the UN Glob... 
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06/14/16Cabot Corporation to Open New Asia Technology Center in Shanghai
New Application Innovation Laboratory Enables Customer Collaboration and Faster Development BOSTON--(BUSINESS WIRE)--Jun. 14, 2016-- Cabot Corporation (NYSE: CBT) announced it plans to establish a new application innovation laboratory in Shanghai, China. The investment will serve as the Asia Technology Center with infrastructure and labs supporting all businesses within the region. The new facility will be pivotal to Cabot’s continued ... 
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06/13/16Cabot Corporation to Increase Prices in North America for Carbon Black Used in Industrial Rubber Products and Tire Applications
BOSTON – June 13, 2016 - Effective for  all shipments made on or after July 15, 2016, or as customer contracts allow, Cabot Corporation will increase invoice prices  by $50/metric  tons ($0.0227/lb.) or 5 percent, whichever is greater, on all carbon  black products sold by its Reinforcement Materials segment in North America.The price increase is required to address persistently  rising costs associated with manufacturing quality products, as well as costs  related ... 
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05/30/16Cabot Norit Activated Carbon to Showcase Activated Carbon Products at IFAT 2016
MUNICH--(BUSINESS WIRE)--May 30, 2016-- Cabot Norit Activated Carbon, the world’s largest and most experienced producer of activated carbon, will attend IFAT 2016, the world's leading trade fair for water, sewage, waste and raw materials management taking place May 30 - June 3 in Munich, Germany. Cabot Norit Activated Carbon produces activated carbon used to remove pollutants, contaminants and other impurities from water, air, food ... 
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04/13/16Cabot Corporation Donates Aerogel Technology to Artists for Humanity for Use in First Energy-Positive Building in Boston
Cabot Works with Advanced Glazing Ltd. to Supply SOLERA® Glass Units with LUMIRA® Aerogel to Optimize Daylighting in Building’s Façade BOSTON--(BUSINESS WIRE)--Apr. 13, 2016-- Demonstrating its commitment to supporting the local community and sustainable building design, Cabot Corporation (NYSE: CBT) announced that it will donate approximately $400,000 worth of LUMIRA® LA1000 aerogel to the non-profit organization, Artists for Humanity.... 
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04/11/16Cabot Corporation Announces Leadership Changes
BOSTON--(BUSINESS WIRE)--Apr. 11, 2016-- Cabot Corporation (NYSE: CBT) appointed Hobart C. Kalkstein as senior vice president and president of the Reinforcement Materials segment, effective immediately. In this role, Kalkstein is responsible for the management of the Reinforcement Materials segment. In addition, Jay R. Doubman was appointed senior vice president, corporate strategy and development. Both Kalkstein and Doubman will report to Cabot ... 
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04/01/16Cabot Corporation to Increase Prices in EMEA for Rubber Carbon Black Products
BOSTON – April 1, 2016 - Effective for  all shipments made on or after May 1, 2016, or as customer contracts allow, Cabot Corporation is increasing prices on  all carbon black products in its Reinforcement Materials segment sold in the  Europe, Middle East and Africa (EMEA) region.Cabot  continues to face significant cost pressures and sourcing challenges for  oil-derived feedstocks that are specifically selected for the production of  carbon black in the EMEA regio... 
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03/14/16Cabot Corporation Expands its Range of Universal Masterbatch Products
New PLASBLAK® masterbatch  products feature excellent pigmentation and outstanding mechanical performance,  including European Union and U.S. Food and Drug Administration food contact  complianceBOSTON -- Cabot Corporation (NYSE: CBT)  announces an expanded range of universal masterbatch products for the coloring  of a wide range of polymers with the launch of PLASBLAK® UN2015, PLASBLAK® UN2017 and PLASBLAK® UN2019 universal masterbatch products. Cabot's  portfolio ... 
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03/14/16Cabot Corporation Announces Resignation of Prevost and Appointment of Keohane as CEO
BOSTON--(BUSINESS WIRE)--Mar. 14, 2016-- Cabot Corporation today announced that Patrick M. Prevost has chosen to step down as President and Chief Executive Officer. Mr. Prevost served as president and CEO for eight years and his resignation became effective on March 11, 2016. Mr. Prevost will continue to be an advisor of the Company and will continue serving as a Director. “I would love to continue to lead this extraordinary organization, but ... 
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02/29/16Cabot Corporation Launches New LITX® 300 Conductive Additive for Lithium-Ion Battery Applications
New performance additive improves conductivity with enhanced flexibility that enables high performance and cycle life for lithium-ion batteries BOSTON--(BUSINESS WIRE)--Feb. 29, 2016-- Cabot Corporation (NYSE: CBT) announces the launch of the new LITX® 300 specialty carbon performance additive for use in lithium-ion batteries for consumer electronics, electric vehicles and other energy storage applications. The LITX 300 product strength... 
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02/22/16Cabot Corporation Achieves its Best-Ever Score from EcoVadis
BOSTON--(BUSINESS WIRE)--Feb. 22, 2016-- Cabot Corporation (NYSE: CBT) has received its highest score to date from EcoVadis. Recognition of progress from this prestigious organization showcases Cabot’s long-term commitment to sustainability. For 2015, Cabot was awarded gold level recognition by EcoVadis, an independent assessment organization that specializes in sustainability programs performance monitoring. Cabot ranked in the top 12% of... 
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02/01/16Cabot Corporation Provides Update on CEO Medical Leave of Absence
BOSTON--(BUSINESS WIRE)--Feb. 1, 2016-- Cabot Corporation today provided an update on the status of President and Chief Executive Officer Patrick M. Prevost’s medical leave of absence. “Patrick has been increasingly engaged with the management team and the Board of Directors and he has been participating in various meetings in the office, in addition to working from home,” said John F. O’Brien, Cabot’s Non-Executive Chairman of the Board, ... 
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