Welcome to our dedicated page for Cabot news (Ticker: CBT), a resource for investors and traders seeking the latest updates and insights on Cabot stock.
Cabot Corporation reports developments as a global specialty chemicals and performance materials company serving tire, industrial, battery, coatings, inkjet and advanced-materials markets. Its recurring updates focus on the Reinforcement Materials segment, which supplies reinforcing carbon products for tires and industrial rubber applications, and the Performance Chemicals segment, which includes specialty carbons, specialty compounds, fumed metal oxides, battery materials, inkjet colorants and aerogel.
Company news also covers quarterly operating results, segment EBIT trends, common stock dividends, supply agreements for lithium-ion battery applications, and manufacturing footprint actions. Cabot’s completed acquisition of Mexico Carbon Manufacturing expanded its reinforcing carbon capacity, while EVOLVE Sustainable Solutions updates describe circular reinforcing carbon production capabilities in major regions.
Summary not available.
On July 9, 2021, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.35 per share. This dividend will be payable on September 10, 2021, to stockholders of record by August 27, 2021. Cabot Corporation is known for its specialty chemicals and performance materials, specializing in products such as carbon black, activated carbon, and elastomer composites. The company continues to foster investor confidence through consistent dividend payments.
Cabot Corporation (NYSE: CBT) will release its third quarter operating results for fiscal 2021 on August 9, 2021, after market close. A conference call and live webcast are scheduled for August 10, 2021, at 8:00 am ET, to discuss these results. The event can be accessed via Cabot's website and will be archived for later viewing. Cabot is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, specializing in rubber, specialty carbons, activated carbon, and other chemical products.
Summary not available.
On May 14, 2021, Cabot Corporation (NYSE: CBT) announced a quarterly dividend of $0.35 per share for all outstanding common stock. This dividend is scheduled for payment on June 11, 2021, to stockholders of record as of May 28, 2021. Cabot Corporation is a leading global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts, known for its carbon black and specialty materials.
Summary not available.
Cabot Corporation (NYSE: CBT) reported a strong second quarter of fiscal 2021 with a GAAP EPS of $1.30, rising from a loss of $0.01 in the previous year. Record adjusted EPS reached $1.38, up from $0.77. EBIT in Reinforcement Materials surged 46% year-over-year to $89 million, while Performance Chemicals EBIT increased by $27 million to $58 million. The company maintains a solid liquidity of approximately $1.3 billion, with a debt to EBITDA ratio of 2.3x. For FY 2021, adjusted EPS guidance is expected between $4.70 to $4.95.
Cabot Corporation (NYSE: CBT) announced that 11 of its U.S. sites have received Responsible Care® awards for Facility Safety from the American Chemistry Council (ACC). This recognition highlights Cabot's commitment to safety, health, environmental standards, and continuous improvements in preventing injuries among employees and contractors. The awards were presented at the virtual 2021 Responsible Care® & Sustainability Conference. Cabot has been a member of the ACC since 2010 and actively participates in Responsible Care®, an initiative aimed at enhancing safety and sustainability in the chemical industry.
Cabot Corporation (NYSE: CBT) will release its second quarter operating results for fiscal 2021 on May 3, 2021, after market close. A conference call and live webcast to discuss these results will take place on May 4, 2021, at 8:00 am ET. Investors can access the webcast on Cabot’s website. The company specializes in chemicals and performance materials, including rubber and specialty carbons. Forward-looking statements regarding the business may involve risks and uncertainties, detailed in the Company's Annual Report on Form 10-K.
Cabot Corporation (NYSE: CBT) has successfully completed an $85 million air emissions control project at its carbon black manufacturing facility in Franklin, Louisiana. This initiative is set to eliminate over 20 tons of NOX and SO2 emissions per day, contributing to improved air quality. Additionally, the facility will recover waste heat to generate up to 50 megawatts of power without further emissions. Cabot's project exemplifies its commitment to sustainability, enhancing its leadership in the carbon black industry while maintaining reliable supply for North American customers.