1. Articles from businesswire.com

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    1. Orion Engineered Carbons to Increase Acetylene Black Pricing

      HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance carbon black, today announced that it will increase pricing for acetylene black.

      Following the acquisition of its acetylene black plant in France, the company adjusted the facility’s strategic focus, requiring new investments to better serve the growing market demand for acetylene black used in lithium-ion battery production. In addition to these strategic investments, the company has also been confronted with rising costs for packaging, transportation and environmental obligations.

      Against this backdrop Orion will raise its acetylene black prices by 20 percent globally on March 1st, 2021, or as contracts allow.

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    2. Newsweek Names Cabot Corporation One of America’s Most Responsible Companies

      BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT), a leading global specialty chemicals and performance materials company, today announced it has been named one of America’s Most Responsible Companies 2021 by Newsweek magazine. This is the second year Cabot has received this recognition, which was developed in 2020 to recognize the most responsible companies in the United States across 14 industries.

      This accomplishment recognizes Cabot’s reputation and programs in corporate governance, community engagement and management of environmental performance, as well as transparent reporting. Cabot ranked in the top 10 most responsible companies in the materials industry and top 10% of all companies analyzed.

       

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    3. Cabot Corporation Expands Engineered Elastomer Composites (E2C™)

      BOSTON--(BUSINESS WIRE)--Cabot Corporation today announced the launch of its latest Engineered Elastomer Composites (E2C™) product, FX9390, part of the new E2C Foundation series of solutions that delivers multidimensional performance for a variety of tire types. FX9390 is formulated to deliver significant performance improvement balanced across cut/chip/chunk resistance, heat buildup and abrasion resistance in off-the-road mining tires.

      When combined with other E2C solutions, FX9390 provides mining customers with flexibility for tire compound formulation within a wide design space.

      “We are proud to expand our E2C solutions portfolio with the launch of our first Foundation series product. FX9390 presents a high performance elastomer composite solution for OTR mining and retreading applications that enables customers to quickly develop and launch new tires with performance improvements in multiple dimensions,” explained David Reynolds, vice president and general manager, Cabot Engineered Elastomer Composites. “We are particularly excited about the design freedom afforded ...

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      Mentions: elastomers Cabot
    4. Cabot Corp Reports Third Quarter Fiscal 2020 Results

      BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT) today announced results for its third quarter of fiscal year 2020.

      Commenting on the environment, Cabot President and CEO Sean Keohane, said, “Clearly the COVID-19 pandemic has had a dramatic impact on most companies and Cabot was no exception. The scale of this disruption is unprecedented, but I am proud of the way our global team has managed through the crisis. We’ve taken proactive steps to protect our employees while continuing to operate our plants to meet the dynamic needs of our customers while also carefully managing cash.”

       

       
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    5. Orion Engineered Carbons Commissions New Air Emissions Controls at U.S. Facility

      HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a worldwide supplier of specialty and high-performance Carbon Black, today announced that it has successfully completed a significant upgrade of its emissions controls at its plant in Orange, Texas. As a result of these actions, the site complies with strengthened environmental standards which reduce the site’s emission permits for NOx and SO2 by 2,300 metric tons of air pollutant emissions per year.

       

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    6. Trinseo Annual Sustainability & Corporate Social Responsibility Report

      Trinseo Annual Sustainability & Corporate Social Responsibility Report

      BERWYN, Pa.--( BUSINESS WIRE )-- Trinseo (NYSE: TSE), a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, announced the release of its 2020 Sustainability & Corporate Social Responsibility (CSR) Report .

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    7. Orion Engineered Carbons S.A. Announces First Quarter 2020 Financial Results

      HOUSTON--(BUSINESS WIRE)--Orion Engineered Carbons S.A. (NYSE: OEC), a global supplier of specialty and high-performance carbon black, today announced its first quarter 2020 financial results.

      First Quarter 2020 Highlights

      • Rapidly implemented business continuity plan and took actions to protect our employees and our production capability, support our customers, ensure supply chain stability and enhance our financial standing
      • Enhanced financial flexibility by suspending dividend and bolstering cash position
      • Net sales of $336.0 million compared to $384.7 million in the first quarter of 2019
      • Net Income of $18.0 million and basic EPS of $0.30 compared to $19.0 million and $0.32 in the first quarter of 2019
      • Adjusted EBITDA1 of $63.8 million compared to $64.6 million in the first quarter of 2019
      • Adjusted Net Income of $26.6 million and Adjusted EPS1 of $0.44 compared to $23.8 million and $0.40 ...
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    8. Global Commercial Aircraft Wheels Market 2019-2023| Greater Application Of 3D Manufacturing Techniques to Drive Growth| Technavio

      Global Commercial Aircraft Wheels Market 2019-2023| Greater Application Of 3D Manufacturing Techniques to Drive Growth| Technavio

      LONDON--(BUSINESS WIRE)--Jan 6, 2019--The global commercial aircraft wheels market is expected to post a CAGR of nearly 4% during the period 2019-2023, according to the latest market research report. 

      A key factor driving the growth of the market is the growing demand for commercial aircraft across the globe. The global commercial aviation industry is growing along with the increasing air traffic at both international and domestic levels. Emerging economies in APAC are driving the growth of the commercial aviation market. The need for more narrow-body aircraft is constantly rising owing to the surging in domestic and international air travel in APAC. This is a positive trend for the commercial aircraft wheels market.

       

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    9. Trinseo Releases 8th Annual Sustainability and Corporate Social Responsibility Report

      Trinseo Releases 8th Annual Sustainability and Corporate Social Responsibility Report

      BERWYN, Pa.- Trinseo (NYSE: TSE), the global materials company and manufacturer of plastics, latex binders, and synthetic rubber, today has published its 2018 Sustainability and Corporate Social Responsibility (CSR) Report , which showcases how Trinseo is meeting or exceeding the highest standards of safety and environmental performance, and developing innovative solutions that benefit our world.

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    10. Cooper Tire & Rubber Company Reports Third Quarter 2017 Results; Management Updates Guidance

      FINDLAY, Ohio- Cooper Tire & Rubber Company (NYSE:CTB) today reported third quarter 2017 net income of $62 million, or diluted earnings per share of $1.18, compared with $49 million, or $0.90 per share, last year. The quarter included a $39 million benefit from lower product liability costs. For comparison purposes, the third quarter of 2016 included a non-cash pension settlement charge of $11.5 million related to the lump-sum distribution of benefits offered to certain former employees.

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    11. Cabot Corporation and Dow Celebrate Groundbreaking of New Manufacturing Plant

      CARROLLTON, Ky.--(BUSINESS WIRE)--Sean Keohane, president and chief executive officer of Cabot Corporation(NYSC:CBT) and Howard Ungerleider, chief financial officer of DowDuPont (NYSE:DWDP) joined more than 150 local officials, business leaders and community members today to celebrate the groundbreaking of Cabot’s world-class, fumed silica plant located adjacent to Dow’s Carrollton site in western Kentucky. The official ceremony was held in the presence of local government representatives and other business leaders at the site of the new facility. The groundbreaking coincides with the 50th anniversary of the Dow site in Carrollton and celebrates the Company’s history of innovation through silicones chemistry.

      Announced in May 2017, the new manufacturing facility is scheduled to be operational by 2020, and will extend Cabot’s long-term relationship with Dow while furthering Cabot’s position as a leading producer of fumed silica. Upon completion, the plant will incorporate Cabot ...

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    12. Cabot Joint Venture to Build Fumed Silica Plant in China

      Cabot Corporation announced today that its wholly-owned subsidiary, Cabot (China) Ltd., has signed a joint venture agreement with Inner Mongolia Hengyecheng Silicone Co., Ltd (HYC), to form a joint venture to manufacture fumed silica in China. Cabot will hold an 80 percent share in the joint venture and HYC will own the remaining 20 percent.

      The joint venture will invest approximately $60 million to build a world-class fumed silica manufacturing facility to be located in Wuhai, China. The new facility will have a manufacturing capacity of 8,000 metric tons of fumed silica per year. Subject to obtaining the necessary governmental and regulatory approvals, construction of the plant is expected to begin in early 2017 and will be completed in 2019.

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    1-13 of 13
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