Cabot carbon black profits advance

By Patrick Raleigh ERJ On-line news editor

Boston, Massachusetts-Cabot Corp. carbon black business has reported a $13-million increase in second quarter earnings, compared to the same period last year.

Stronger volumes, lower costs, and positive currency trends, which more than offset the effects of lower prices and higher feedstock costs,” Cabot said 27 April.

The carbon black unit is part of Cabot’s Chemical Business segment, which reported an 87-percent year-on-year rise in second quarter earnings to $43 million. Chemical Business sales came in 13 percent higher at…

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