Cabot Corporation (CBT) - NYSE
  • Jun. 21, 2012, 7:51 AM

    Cabot (CBT) agrees to acquire Dutch activated carbon manufacturer Norit for $1.1B from U.K. P-E firm Doughty Hanson and Dutch investment firm Euroland Investments. "This acquisition supports the ongoing transformation of our portfolio to a higher margin, less cyclical, specialty chemicals focused company," Cabot CEO Patrick Prevost says. (PR)

    | Jun. 21, 2012, 7:51 AM
  • Aug. 25, 2011, 9:03 AM

    Cabot (CBT) says it will sell its Supermetals unit to Global Advanced Metals in a deal valued at ~$400M in cash, believing that the specialty metals nature of the unit did not fit with the company's long-term direction. "This transaction allows us to focus our resources on growth initiatives in our other businesses," the company says. CBT +2.3% premarket.

    | Aug. 25, 2011, 9:03 AM
Company Description
Cabot Corp. engages in manufactures and supplies organic chemicals. It operates through the following segments: Reinforcement Materials, Performance Materials, Advanced Technologies and Purification Solutions. The Reinforcement Materials segment produces rubber blacks are used in tires and... More
Industry: Specialty Chemicals
Country: United States