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.