Cabot “watching” OTR market, inventories in North America

Boston, Massachusetts – Cabot Corp. has reported some mixed trends impacting its carbon black business in North America, while noting strengthening demand for its products in Europe.

On the American side, Cabot president and CEO Sean Keohane said prospects for long-term growth in the tire market “remain solid” but flagged up concerns about the OTR market and inventory levels.

“We’ve seen announcements over the last several years of a number of new tire plants and certainly seeing those coming on line and further ones under construction,” Keohane said…

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