Cabot to Build Masterbatch Plant in Dubai

On May 28, 2008, Cabot announced plans to build a carbon black masterbatch facility in the Jebel Ali Free Zone, Dubai. The plant will have a capacity of 25,000 tonnes per year, expandable to 75,000 tonnes per year. Construction will begin later in 2008 and the plant is expected on-stream in the fall of 2009. The facility will allow the company to meet increasing demand from customers in the Middle East, Europe, and Asia/Pacific regions.

Cabot Vice President and General Manager for the Performance Segment, Sean Keohane said, “Within the Middle East there is already strong demand for PE and PP compounds for use in building infrastructure for water supply, electricity, and telecommunications projects. These are key markets for carbon black masterbatch. This new site will offer significant quality and service advantages to Middle East producers who are global exporters of masterbatch compounds.”