ERJ staff report (TP)
Boston, Massachusetts – Cabot Corporation released its 2013/2014 Sustainability Report Update and reported an increase in employee safety and improved environmental performance.
Highlights from Cabot's sustainability report update, which covers calendar year 2013 and the beginning of 2014, include the following:
Portfolio management: In 2013, Cabot expanded its carbon black manufacturing capacity through the acquisition of its partner’s equity stake in their Mexican joint venture, NHUMO. In addition, the company opened a new carbon black manufacturing facility in Xingtai, China.
Employee safety: Cabot implemented the company’s safety standards. As a result, the segment achieved a reduction in recordable incidents in 2013 over the previous year, as well as a reduction in the number of severe injuries.
Environmental performance: By the end of 2013, Cabot had achieved more than 40% of its goal to reduce energy intensity by 10% by 2020, using 2005 as a baseline year.
Innovation: Cabot launched new products for a variety of applications including tires, silicones, environmental solutions and insulation materials. Specifically, Cabot’s inkjet colourants team recently created a test bed for the high-speed commercial printing market.
Full report here (22-page PDF).