Cabot Extends Relationship with Dow Corning

Loading...
Loading...
Cabot Corporation
CBT
completed an expansion project at its fumed silica facility in Barry, Wales. Production capacity at the site has been increased by 25 percent. The expansion is part of a three-year plan started in 2011 to increase Cabot's global fumed metal oxide capacity by 35 to 40 percent. This expansion project is an extension of Cabot's long-term relationship with Dow Corning. Furthermore, the increased production capacity supports Cabot's growth in the rising global silicones market. This market is poised to grow at 6 to 9 percent per year over the coming decade. Through the expansion project, Cabot can now use a wider range of silane raw materials to make a broader portfolio of products to meet silicones and other market needs.
Market News and Data brought to you by Benzinga APIs
Posted In: News
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...