China demand drives Cabot reinforcement segment

Boston, Massachusetts – Cabot Corp. has posted a 41% increase in 2017 earnings (EBIT) in its reinforcement materials segment to $193 million, driven by higher margins and improved demand in China.

The segment, which produces rubber & speciality reinforcement materials, posted a 2% year-on-year increase in earnings for the three months to end of September, on 27% higher sales at $367 million for the quarter.

“The increase in EBIT was principally driven by higher unit margins and volumes from calendar year 2017 customer contracts and an improved demand…

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