TITLE

Cabot to close facilities as demand shrinks

PUB. DATE
February 2009
SOURCE
Rubber & Plastics News;2/9/2009, Vol. 38 Issue 14, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that carbon black producer Cabot Corp. is planning to close four of its plants and a regional office, and preserve two other operations in 2009-2010 to meet a significant reduction in the global demand. The company announced that the start-up of a new rubber blacks facility in China, will also be delayed. The firm will reduce its production capacity by 16% and eliminate jobs by about 12% of its work force.
ACCESSION #
36800812

 

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