Cabot Corporation Increases Price for Fumed Metal Oxides Globally
BOSTON – Effective October 1, 2015, or as contracts permit, Cabot Corporation will increase prices 5 percent globally, for CAB-O-SIL® fumed and colloidal silicas, CAB-O-SPERSE® aqueous dispersions and SpectrAl® fumed alumina products.
The price increase is required due to escalating raw materials and operating costs, including packaging, currency devaluation and logistics. The price adjustments will enable Cabot to continue to invest in product innovation, world-class production and supply capabilities to service customers on a global basis. It will also help ensure that Cabot can continue to provide customers with high-quality products, technology innovations and the highest level of customized service and technical support available.
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.
Contact: Vanessa Craigie
Media Relations
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