News Column

Cabot Corporation Completes Sale of Security Materials Business

August 5, 2014



ENP Newswire - 05 August 2014

Release date- 01082014 - BOSTON - Cabot Corporation (NYSE: CBT) has closed the sale of its Security Materials business to SICPA for approximately $20 million in cash consideration, company officials announced.

'We are pleased to have completed this transaction at an attractive value for our shareholders,' said Patrick Prevost, Cabot president and chief executive officer. 'SICPA is a leading player in the security industry and we believe that SICPA will be able to expand and accelerate the future growth potential of the Security Materials business.'

The Security Materials business utilizes patented spray pyrolysis technology for brand protection activities and advanced nanotechnology for covert taggant applications. In fiscal 2013, the Security Materials business generated $7 million in revenue.

About Cabot Corporation

Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts. The company is a leading provider of rubber and specialty carbons, activated carbon, inkjet colorants, cesium formate drilling fluids, fumed silica, aerogel, and elastomer composites.

Forward-looking statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release involving the Company that are not statements of historical fact are forward-looking statements and are subject to risks and uncertainties.

Investor Contact:

Erica McLaughlin

Tel: 617-342-6090


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Source: ENP Newswire


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