Cabot 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
“This future investment will position Cabot to better serve our
customers with new conductive solutions and masterbatch formulations,
while at the same time increasing our ability to meet the needs of
engineering thermoplastic segments. We expect recent growth trends to
continue, especially in automotive applications, given macro trends such
as light-weighting and the need for our customers to innovate in ways
that reduce overall cost,” said
Cabot has been formulating and selling conductive compounds for more than 30 years, and is a leader in the development and manufacture of products for use in applications including transportation, industrial packaging, electronic and electrical, and industrial safety. This planned investment will further strengthen Cabot’s commercial delivery capabilities and enable the company to expand into additional applications.
“Cabot is the only global integrated carbon black and black masterbatch producer. As such, we are uniquely positioned to engage with our customers to understand their specific requirements and deliver formulated solutions to meet their needs,” added Johnson.
Cabot is exhibiting at booth #E62, Hall 6 at the K 2016. To learn more about Cabot’s full portfolio of products for plastics applications, visit cabotcorp.com/plastics.
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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.
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Source:
Cabot Corporation
Vanessa Craigie, 617-342-6015
Corporate
Communications