Tougher Markets Force Cabot Corporation to Cut 2015 Capex by $100 Million

SUGAR LAND--August 5, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Specialty chemicals and performance materials producer Cabot Corporation (NYSE:CBT) (Boston, Massachusetts) has cut back planned capital expenditures (capex) by $100 million this year due to challenging markets, company executives said Tuesday. Industrial Info is tracking 48 active Cabot projects valued at $348.95 million.

Within this article: Details on Cabot's plans to reduce capital expenditures and its potentially affected projects, such as the addition of several furnace units at a facility in Texas.