“We are very proud of this new modern facility and our continued relationship with Cabot,” said Yang Xuegang, chairman and president of Risun Group. “Our new manufacturing site will be a welcome addition to our local economy, as it will create new job opportunities for local workers, introduce new technology, establish a new sustainable business model, and bring a sophisticated management system. This joint venture will become a role model when China is entering a new phase of development and we look forward to working with Cabot to help make this facility a great success.”The participating entities in this new site are Cabot (China) Ltd., a wholly-owned subsidiary of Cabot Corporation and Risun Chemical Company, Ltd., a wholly owned subsidiary of Risun Coal Chemicals Group, Ltd. 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. For more information on Cabot, please visit the company’s website at: http://www.cabotcorp.com. ABOUT RISUN GROUP Risun Group, founded in 1995, has become a substantial coal chemical group company through 18 years of development, with diversified businesses covering metallurgical coke, chemicals, research and development, trade, etc. Risun is currently the largest metallurgical coke and chemicals supplier in the world, running four production bases in Xingtai, Dingzhou, Tangshan, and Cangzhou (all in Hebei Province, China). In 2012, Risun sold 8.2669 million tons of metallurgical coke, produced and sold 1.721 million tons of chemicals. In total Risun is producing five categories of more than 50 different chemical products, and among them, there are 620,300 tons of methanol from coke oven gas, 484,100 tons of coal tar processing products, 430,900 tons of crude benzol hydro-refining, and 185,700 tons of DME. Risun achieved revenue of RMB 24 billion in 2012.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot’s business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K.