Cabot

Encore Capital Group Announces Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 1, 2023

Portfolio supply growth and pricing improvement continues in U.S. market

Key Points: 
  • Portfolio supply growth and pricing improvement continues in U.S. market
    SAN DIEGO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the third quarter ended September 30, 2023.
  • “The continued growth in U.S. portfolio supply, driven by credit card lending growth and rising charge off rates, has led to improved portfolio pricing and returns.
  • We also remain committed to the critical role we play in the consumer credit ecosystem and to helping consumers restore their financial health," said Masih.
  • Financial Highlights for the Third Quarter of 2023:
    Three Months Ended September 30,

Cabot Corporation Launches New REPLASBLAK™ Circular Black Masterbatch Product Family with Sustainable Material

Retrieved on: 
Monday, November 6, 2023

Cabot Corporation (NYSE: CBT) today announced the launch of its new REPLASBLAK™ product family of circular black masterbatches with certified material.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the launch of its new REPLASBLAK™ product family of circular black masterbatches with certified material.
  • Cabot has launched three new black masterbatch products powered by EVOLVE Sustainable Solutions under the recovered category including, REPLASBLAK™ rePE5475 100% circular black masterbatch, REPLASBLAK™ rePE5265 70% circular black masterbatch and REPLASBLAK™ rePE5250 60% circular black masterbatch.
  • REPLASBLAK rePE5265 70% circular black masterbatch leverages 70% ISCC PLUS mass balance certified material made from mechanically recycled polyethylene.
  • REPLASBLAK rePE5250 60% circular black masterbatch leverages 60% ISCC PLUS mass balance certified material made from mechanically recycled polyethylene.

Graphene Market: IDTechEx Provides An Outlook for the Coming Decade

Retrieved on: 
Monday, November 6, 2023

This is now changing, and over the next decade, IDTechEx forecast the graphene market to expand in a number of key application areas, reaching a market value of US$1.6 billion by 2034.

Key Points: 
  • This is now changing, and over the next decade, IDTechEx forecast the graphene market to expand in a number of key application areas, reaching a market value of US$1.6 billion by 2034.
  • IDTechEx has covered the graphene market comprehensively for over a decade, providing a detailed independent analysis of the technological and commercial progress of graphene and other 2D materials.
  • The commercialization has been making steady progress, and IDTechEx expects the graphene market to grow significantly over the next decade.
  • For more details on the graphene market, including segmentation by application area, see the IDTechEx market report " Graphene Market & 2D Materials Assessment 2024-2034: Technologies, Markets, Players ".

Graphene Market: IDTechEx Provides An Outlook for the Coming Decade

Retrieved on: 
Monday, November 6, 2023

This is now changing, and over the next decade, IDTechEx forecast the graphene market to expand in a number of key application areas, reaching a market value of US$1.6 billion by 2034.

Key Points: 
  • This is now changing, and over the next decade, IDTechEx forecast the graphene market to expand in a number of key application areas, reaching a market value of US$1.6 billion by 2034.
  • IDTechEx has covered the graphene market comprehensively for over a decade, providing a detailed independent analysis of the technological and commercial progress of graphene and other 2D materials.
  • The commercialization has been making steady progress, and IDTechEx expects the graphene market to grow significantly over the next decade.
  • For more details on the graphene market, including segmentation by application area, see the IDTechEx market report " Graphene Market & 2D Materials Assessment 2024-2034: Technologies, Markets, Players ".

Cabot Corporation Enhances Circularity and Traceability Through ISCC PLUS Certification

Retrieved on: 
Monday, September 18, 2023

Cabot Corporation (NYSE: CBT) today announced it has achieved International Sustainability and Carbon Certification (ISCC) PLUS certification at six of its facilities.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced it has achieved International Sustainability and Carbon Certification (ISCC) PLUS certification at six of its facilities.
  • Cabot currently has more ISCC PLUS certified sites than any carbon black manufacturer and has ambitions to expand certification throughout its global network.
  • Achieving ISCC PLUS certification furthers Cabot’s commitment to advancing circularity and traceability, helping its customers achieve their sustainability goals by delivering sustainable solutions at a global scale.
  • Products manufactured at Cabot’s ISCC PLUS certified facilities adhere to ISCC PLUS requirements by leveraging circular value chains and certified feedstocks in the product manufacturing process.

TRANSITIONS: Dansko CEO Jim Fox Transitions to Executive Chairman; Dansko Promotes Kitty Bolinger to President

Retrieved on: 
Wednesday, August 23, 2023

WEST GROVE, Pa., Aug. 23, 2023 /PRNewswire/ -- Dansko, the award-winning comfort footwear brand, announced today the promotion of Kitty Bolinger to President effective Tuesday, September 5th.

Key Points: 
  • WEST GROVE, Pa., Aug. 23, 2023 /PRNewswire/ -- Dansko, the award-winning comfort footwear brand, announced today the promotion of Kitty Bolinger to President effective Tuesday, September 5th.
  • Bolinger, currently Dansko's Executive VP of Sales & Marketing, brings more than 36 years of footwear industry experience in developing emerging and iconic brands.
  • Concurrently, Dansko's current Chief Executive Officer, Jim Fox, will transition to the newly established role of Executive Chairman.
  • In 2012, Jim successfully transitioned Dansko to 100% employee ownership before eventually succeeding Dansko's co-founder, Mandy Cabot, as CEO in 2019.

Cabot Corp Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Monday, August 7, 2023

Cash Performance – The Company ended the third quarter of fiscal 2023 with a cash balance of $220 million.

Key Points: 
  • Cash Performance – The Company ended the third quarter of fiscal 2023 with a cash balance of $220 million.
  • During the third quarter of fiscal 2023, cash flows from operating activities were a source of $243 million.
  • Capital expenditures for the third quarter of fiscal 2023 were $80 million.
  • Taxes – During the third quarter of fiscal 2023, the Company recorded a tax expense of $41 million, with an effective tax rate of 32%.

Cabot Corporation Provides Update on Current Demand Environment

Retrieved on: 
Thursday, June 15, 2023

Cabot Corporation (NYSE: CBT) today provided an update on the current demand environment and the impact on its business segments.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today provided an update on the current demand environment and the impact on its business segments.
  • “We are not seeing the anticipated pace of recovery in China after a challenging March quarter in the Performance Chemicals segment,” said Sean Keohane, Cabot President and Chief Executive Officer.
  • “In addition to the weakness in China, we continue to see soft demand on a global basis across many of our key end markets, including construction and consumer applications.
  • Keohane continued, “Despite the demand environment, we are seeing the expected quarterly year-over-year improvement in pricing and product mix from our calendar year 2023 customer agreements in the Reinforcement Materials segment.

Coterra Energy Announces Executive Changes

Retrieved on: 
Thursday, June 15, 2023

Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced the retirement of two Executive Officers of the Company, effective September 30, 2023.

Key Points: 
  • Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced the retirement of two Executive Officers of the Company, effective September 30, 2023.
  • His many years of leadership at Cabot and his energy in building Coterra have laid a foundation upon which the success of Coterra will be built.
  • “I am excited for Shane and Andrea to join the Coterra Executive Team,” said Jorden.
  • “Each brings a unique background and style that fits Coterra and will help them immediately contribute to Coterra’s success.

Cabot Corporation Launches ENTERA™ Aerogel Particles for Use in Thermal Barriers for Lithium-ion Batteries

Retrieved on: 
Monday, May 1, 2023

Cabot Corporation (NYSE: CBT) today announced the launch of its new ENTERA™ aerogel particles portfolio.

Key Points: 
  • Cabot Corporation (NYSE: CBT) today announced the launch of its new ENTERA™ aerogel particles portfolio.
  • ENTERA aerogel particles are a thermal insulation additive designed to enable the development of ultra-thin thermal barriers for electric vehicle (EV) lithium-ion batteries.
  • In this portfolio, Cabot has launched three ENTERA aerogel products that formulators can incorporate into a range of thermal barrier forms including blankets, pads, sheets, films, foams and coatings.
  • The Cabot ENTERA aerogel particles portfolio ranges in size from microns to millimeters and includes ENTERA™ EV5200 aerogel, ENTERA™ EV5400 aerogel and ENTERA™ EV5800 aerogel.