Cabot Corporation to Increase Prices for CAB-O-SIL® and CAB-O-SPERSE® Products in Americas and EMEA Regions
BOSTON – Cabot Corporation (NYSE: CBT), a global specialty chemicals and performance materials company, will raise prices in the Americas and Europe, Middle East and Africa (EMEA) regions for all CAB-O-SIL® fumed and colloidal silicas, and CAB-O-SPERSE® aqueous dispersions products. Prices will be increased up to 10 percent, depending on the product grade. This change will be effective for all shipments made on or after April 15, 2021, or as customer contracts allow.
The price increase is necessary due to rising costs in raw material, transportation and logistics, and operational costs. The price adjustments will ensure that Cabot’s customers will continue to receive 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 carbon black, specialty carbons, activated carbon, elastomer composites, inkjet colorants, masterbatches and conductive compounds, fumed silica and aerogel. For more information on Cabot, please visit the company’s website at 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 for the fiscal year ended September 30, 2020.
Contact:
Vanessa Craigie
Corporate Communications
(617) 342-6015