ERJ staff report (LMH)
Boston, Massachusetts – Carbon black and speciality chemical company Cabot Corp. has reported full year earnings (EBITDA) of $508 million, an increase of 16% year-on-year, despite lower volumes.
For the fiscal year ended the 30 Sept 2012, Cabot said sales were $3.3 billion up from $3.1 billion in 2011. Fourth-quarter sales were $389 million up from $236 million in 2011.
Sales in the rubber blacks business were $227 million, up from $183 million in 2011.
Cabot also reported a 37% improvement…