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Carbon black for EVs – Cabot Corporation debuts Propel E8

Cabot Corporation is offering global customers a new carbon black product. This is Propel E8, an engineered reinforcing carbon black designed to “provide superior tread durability at low rolling resistance for high-performance tyre tread applications,” thereby addressing the challenges posed by heavier and torquier electric vehicles. The Propel E8 grade complements Cabot’s existing solutions within the Propel E series, which are also suitable for use in high-performance tyres.

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Related news:

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Cabot expands E2C range for OTR tyre retreading

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Cabot Corporation has expanded its Engineered Elastomer Composites (E2C) product line for use in off-the-road (OTR) tyre retreading applications. These products utilise a propriety process technology that mixes reinforcing carbons into elastomers; the manufacturer says OTR tyre retreaders and rubber compound suppliers can “now leverage Cabot’s state-of-the-art E2C products to extend the life of the retread by as much as 30 per cent.”

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Cabot & IFF collaborating to increased bio-based rubber content

Under a freshly signed Memorandum of Understanding (MOU), Cabot Corporation will work with IFF Health and Biosciences, a leader in world-class bio-science and engineering, to develop and commercialise sustainable reinforcing additives for rubber products. The partners will exclusively work together to accelerate the advancement of solutions that reduce greenhouse gas emissions and increase the amount of renewable bio-based content in rubber products.

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Cabot commits to Paris Climate Agreement goals

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Cabot Corporation has aligned its sustainability agenda with the Paris Climate Agreement to achieve net zero emissions by 2050. Announcing its commitment to the agreement today, Cabot says this decision demonstrates its “ongoing commitment to protect the planet and further the company’s robust sustainability journey.”

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Cabot buys Tokai’s Tianjin carbon black plant for $9 million

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Tokai Carbon

Cabot Corporation has agreed to buy Tokai Carbon (Tianjin) Co. Ltd. from Tokai Carbon Group for US$9 million. The carbon black manufacturing facility was commissioned in 2006 and is located in close proximity to Cabot’s current carbon black and speciality compounds facility in Tianjin, China. Cabot will run the plant and intends to continue to supply current customers while conducting technology upgrades. The transaction is expected to close in the second quarter of 2022.

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Related news:

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Cabot planning to invest US$90 million in Louisiana factory

Cabot

Cabot Corporation is planning to invest US $90 million in upgrading its Ville Platte, Louisiana carbon black factory. According to various US news sources, the project will capture waste energy to create steam from an incineration process, remove impurities and generate electricity to power site operations. Cabot is expected to create 15 new jobs in addition to the existing workforce of 90 at the site as a result of the investment.

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Cabot completes acquisition of Shenzhen Sanshun Nano New Materials

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Cabot Corporation has completed its previously announced acquisition of Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) for approximately US$115 million. The business will be integrated into Cabot’s Performance Chemicals Segment.

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Cabot buys Chinese nanotube supplier for $115 million

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On 6 January 2020, Cabot China Limited, a wholly owned subsidiary of Cabot Corporation agreed to buy Shenzhen Sanshun Nano New Materials Co., Ltd, a leading carbon nanotube (CNT) producer in China. The $115 million pricetag reportedly includes “liabilities and contingent payments”. According to the company, the move is designed to strengthen Cabot’s position in the high-growth batteries market, particularly in China, which is the largest and fastest growing electric vehicle market in the world.

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Cabot changes EMEA leadership

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Effective 1 October 2018, Jay Doubman, currently senior vice president, Corporate Strategy and Development, and president, Cabot Corporation Specialty Fluids segment, will assume responsibilities for leading the specialty carbons, fumed metal oxides, and aerogel product lines, as senior vice president and president, Performance Additives.

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Global carbon black market to grow 5.6% CAGR by 2023

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The future of the global carbon black market looks good with the market expected to reach an estimated US$20.2 billion by 2023. This means that during the period between 2018 and 2023 the market will grow at a Compound Annual Growth Rate (CAGR) of 5.6 per cent.

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Cabot Corporation announces changes to business segments

US specialty chemicals firm Cabot Corporation has realigned its global business segments, a measure claims to have undertaken in order to improve efficiency and resource prioritisation. The realignment brings the business segments closer in line with the company’s recently announced management changes, and Cabot says an added benefit will be a stronger customer focus. The changes will be represented in Cabot Corporation’s financial results as of the first quarter of fiscal 2015.

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