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Cabot Announces Third Quarter Operating Results (PR Newswire)

Wednesday July 23, 5:13 pm ET Reported Earnings Increased More Than 40% Compared To A Year Ago BOSTON, July 23 /PRNewswire-FirstCall/ -- Cabot Corporation (NYSE: CBT - News ) today announced results for its third fiscal quarter ended June 30, 2008. Highlights: -- Significantly improved operating results: higher unit margins and seasonally strong volumes in Rubber Blacks and Performance Products; strong demand in emerging markets offset weaker volumes in the U.S. and Western Europe -- Continued investments in emerging markets: Performance Segment announces a new masterbatch facility in Dubai and the signing of a joint venture agreement to build a second fumed silica facility in China -- Achievements in new business development: letter of intent to commercialize Cabot Elastomer Composites (CEC), first shipments of cesium... [read full story]                    

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