Cabot Corporation

Businesses
Carbon Black, Fumed Metal Oxides, Inkjet Colorants, Nanogel, Cabot Specialty Fluids, Cabot Superior MicroPowders and Cabot Supermetals.

Revenues
$1.8 billion (2003).

Operations
21 countries: 36 manufacturing facilities, 8 research and development facilities, 12 technical service centers and 59 sales offices.

Employees
4,400. Some 55% work outside North America.

Strategy
Create value by (1) Optimizing our chemical businesses, by controlling costs and managing capacity, and (2) Developing new products and businesses. Cash generated by the first is invested in the second.

Competencies
Expertise in (1) Making and handling fine particles, such as carbons, mixed oxides, refractory metals and aerosols; (2) Modifying the surfaces of very fine particles, such as silicas, color pigments and catalysts; and (3) Designing particle-media composites for specific properties, such as color, dispersion stability, charge generation, electrochemical behavior and insulation.

Capital Expenditures
$145 million (2003).

Stock
NYSE/CBT; on September 18, 2003, we celebrated the 35th anniversary of our continuous listing on the New York Stock Exchange. 72 million shares outstanding. $0.60 dividend per share; 2.2% yield.