Cabot Corporation Expands Specialty Compounds Business Globally

April 17, 2018

Expansion achieved by recent acquisition of Tech Blend and additional
manufacturing capacity in Pepinster, Belgium

BOSTON–(BUSINESS WIRE)–Cabot
Corporation (NYSE: CBT) announces that it has completed two
expansion projects that will extend its global footprint in black
masterbatch and compounds and increase manufacturing capacity to
better serve global customers and grow in advanced polymeric materials.

Cabot recently completed the acquisition of Tech
Blend, a leading North American producer of black masterbatches,
which will now operate as Cabot Plastics Canada, LP a wholly-owned
subsidiary of Cabot Corporation within Cabot’s global Specialty
Compounds business. In addition, Cabot has also commissioned a new
production line at its manufacturing facility in Pepinster, Belgium.

Cabot’s masterbatch and conductive compounds business now boasts a
comprehensive range of black masterbatches from five manufacturing
locations throughout Europe, Middle East, Asia and North America. After
more than 50 years of producing masterbatches and conductive compounds,
Cabot now has full service manufacturing and sales capabilities in the
North American region to serve both global and regional customers.

“Cabot has long been recognized as a leader and innovator in the
masterbatch and conductive compounds space,” said Thomas Estienne,
general manager, Cabot Specialty Compounds North America. “We have the
expertise in carbon black design and production technology, as well as
significant experience in carbon black dispersion for a wide range of
plastic resins. With our expanded presence into North America, we are
better equipped to provide high quality products to our customers,
wherever they are located.”

Manufacturing capacity expansion completed in Pepinster
As
part of its global expansion, Cabot’s Specialty Compounds business has
installed a new line at its manufacturing facility in Pepinster,
Belgium. This strategic investment will increase capacity and enhance
production capabilities for plastic formulations, including conductive
and engineering thermoplastics formulations. With this additional
capacity, the Pepinster site is now the largest masterbatch and
compounds manufacturing facility in Cabot’s network. This continued
growth aligns with the Company’s broader strategy to drive application
innovation and develop around formulation solutions.

“Innovation is enabled by state-of-the-art manufacturing technology and
market leading application know-how. With this new equipment, we will
extend our leadership position in conductive and engineering polymer
materials with advanced capabilities to serve our customers,” said
Denise Myrtoglou, vice president and managing director, Specialty
Compounds. “We are committed to providing our customers with superior
quality formulations to accelerate their growth and success. This new
production line will enable us to better respond to future growth and
demand in automotive and industrial markets.”

Cabot will be exhibiting at NPE 2018 from May 7-11, 2018 in Orlando,
Florida. To learn more about Cabot’s products and expansion efforts,
visit the Cabot Booth S26125 in the South Expo Hall.

For further information please visit cabtcorp.com/plastics.

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, masterbatches
and conductive compounds, fumed
silica, and aerogel.
For more information on Cabot, please visit the company’s website
at: http://www.cabotcorp.com.