Cabot Corporation Increases Prices for Specialty Carbons Globally
BOSTON – Effective October 1, 2014, or as contracts allow, Cabot Corporation (NYSE: CBT) will increase prices, up to 8 percent globally, for specialty carbon products.
This price increase is required due to escalating operating and environmental compliance costs, as well as continued investment in technology controls necessary to comply with enhanced environmental regulations at specialty carbon plants.
The increase is necessary to ensure Cabot remains a reliable, long-term supplier of high quality products and services, and ensures continued investment in new products and applications development to support 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, 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.
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Vanessa Craigie
Media Relations
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Erica McLaughlin
Investor Relations
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