The new PROPEL X carbon black products are immediately available in commercial quantities for worldwide distribution.To learn more, visit Cabot at Booth C514 at Tire Technology Expo 2018, or go to Cabot's website at cabotcorp.com/PropelX. ABOUT CABOT CORPORATIONCabot 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, masterbatches and conductive compounds, fumed silica, and aerogel. For more information on Cabot, please visit the company's website at: http://www.cabotcorp.com. 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.
Cabot Corporation (NYSE: CBT) announces an expanded range of premium carbon black products for racing and ultra-high-performance tires with the launch of the new PROPEL® X carbon black series. Cabot will showcase these new products at Tire Technology Expo 2018, February 20-22, 2018, in Hannover, Germany. The popularity of sports cars and luxury vehicles has led to a steady increase in the demand for high performance tires. Ultra-high-performance tires are designed with a focus on traction and precise handling characteristics which enables vehicles to safely reach ever-increasing performance requirements. Cabot has developed proprietary and differentiated carbon blacks to enhance the performance of these tires and is a leader in carbon black product offerings for a variety of applications including motorcycle, on-road ultra-high-performance and on-track racing tires. The PROPEL X series offers a range of reinforcement solutions to optimize performance for specific formulations and tread geometries. The series delivers a wide range of characteristics that make compound development easier for ultra-high-performance tires. This allows tire manufacturers to achieve the right balance of traction and stiffness in their compounds, which enables them to achieve the right grip and handling profile for their specific application needs. "Our customers make the highest performing tires in the world and they are asking us for new products to help them develop tires with an even better grip and handling profile than they sell today. As a leader in carbon black products for ultra-high-performance tires, we have focused in this area and continue to develop new products to meet their most challenging needs," said Bart Kalkstein, senior vice president and president, Reinforcement Materials segment. "This new series of products meets their needs and offers our customers a clear and useful way of understanding and choosing the right Cabot carbon black product for each specific application."