Cabot's second-quarter sales of carbon black for rubber products amounted to US$ 517 million

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According to a financial report released recently by China National Drying Network News Cabot, in the second quarter of this year, its carbon black sales revenue reached US$ 517 million, a year-on-year drop of 2%; sales volume decreased by 9% year-on-year. Even so, the profit of the carbon black business reached US$59 million, which was an increase of US$2 million over the profit of US$57 million in the same period last year.

The reason why the sales decline and the profit can also rise slightly is that the company’s carbon black sales prices rose and the mix is ​​reasonable. In Q2, Cabot's sales of carbon black in North America fell by 7% from the previous month and fell by 11% year-on-year. Europe's carbon black demand declined by 22% year-on-year and 17% year-on-year due to the economic downturn. The situation in Asia is also not optimistic. Its carbon black sales in China fell by 7% year-on-year and by 1% mom; sales in Japan fell by 13% year-on-year, and by 10% year-on-year; sales in Southeast Asia fell by 1% year-on-year. %, while the chain increased by 7%. The company’s sales in Latin America increased by 5% year-on-year, a decrease of 1% from the previous quarter.

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