Cabot Corporation Increases Prices for Masterbatch and Specialty Compounds Globally
BOSTON – Effective November 1, 2014, or as contracts allow, Cabot Corporation (NYSE: CBT) will increase prices, up to 5 percent for black masterbatches
and conductive compounds and concentrates.
This price increase is required due to escalating costs of operations and
regulatory compliance, as well as increased costs of carbon black and other key
raw materials.
The increase is necessary to ensure Cabot remains a reliable, long-term
supplier of high-quality black masterbatches and specialty compounds, and
ensures continued investment in new products dedicated to the plastics industry.
Questions regarding price increases should be directed to the appropriate regional business director:
EMEA
Adrian Baker
adrian.baker@cabotcorp.com
Asia Pacific
Jason Jia
jason.jia@cabotcorp.com
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, aerogel, and elastomer composites. For more information on Cabot, please visit the company’s website at: http://www.cabotcorp.com.
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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.