Cabot makes cuts

Gibson, Jane
October 2006
ICIS Chemical Business;10/2/2006, Vol. 1 Issue 37, p20
Trade Publication
The article reports on the plan of Cabot to reduce 130 jobs worldwide to lessen costs in its carbon black business and to strengthen its financial health in 2006. The cost-cutting initiatives will lead to a more streamlined organisation, according to the company. The initiatives are expected to be completed during fiscal 2007. As a result of the initiatives, Cabot estimates that it will incur a total cash outlay of about $15 million.


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