Full-Time
Produces specialty chemicals and performance materials
$70.4k - $96.8k/yr
Billerica, MA, USA
In Person
On-site five days per week.
Bachelor's, Master's, Associate's
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Cabot Corporation is a global supplier of specialty chemicals and performance materials. It develops and sells products that help customers improve the performance of their own products and processes, addressing current challenges and preparing for future needs. Cabot’s offerings are designed to deliver performance solutions across industries, with a focus on material science and chemical applications rather than just basic chemicals. What sets Cabot apart is its large worldwide footprint and its commitment to providing integrated solutions that solve real customer problems now and as markets evolve. The company’s goal is to help customers achieve better performance, efficiency, and reliability by supplying advanced materials and chemical solutions that meet evolving requirements.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Boston, Massachusetts
Founded
1882
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Health Insurance
Hybrid Work Options
Flexible Work Hours
Performance Bonus
Cabot Corporation has priced a public offering of $350 million in 4.950% senior unsecured notes due 2029. The notes are being sold at 99.993% of face value, with interest paid semiannually on 15 February and 15 August each year, starting 15 February 2027. The offering is expected to close on 21 August 2026, subject to customary closing conditions. Cabot intends to use the net proceeds primarily to repay its senior unsecured notes maturing in September 2026, with any remainder applied to working capital and general corporate purposes. Citigroup Global Markets, J.P. Morgan Securities, PNC Capital Markets, U.S. Bancorp Investments, BofA Securities, BBVA Securities, and ING Financial Markets are serving as joint book-running managers. Cabot is a Boston-based specialty chemicals and performance materials company.
Cabot Reinforcement Materials earnings fall despite higher volumes. 6 Aug 2026 Pricing pressure from 2026 tire contracts outweighs growth in Asia, Americas Boston, Massachusetts - Cabot Corp. has reported lower third quarter earnings in its Reinforcement Materials business, which mainly produces rubber grade carbon black. For the quarter ended 30 June, segment EBIT fell 24% year-on-year to $97 million (€84 million), while earnings (EBITDA) declined 20% to $117 million, Cabot reported 4 Aug. Segment sales for the three-month period, meanwhile, grew 4.5% to $599 million. Gross profit per tonne weakened following the company's calendar-year 2026 tire customer agreements, the company reported. Volumes increased 5% year-on-year, driven by growth in Asia-Pacific (+10%) and the Americas (+4%), supported by additional capacity in Indonesia and Cabot's acquisition in Mexico. Volumes in Europe, Middle East and Africa (EMEA) declined 4%. The segment results were impacted by "challenging market conditions and pricing headwinds from our 2026 annual tire customer agreements," said outgoing president and CEO Sean Keohane. According to Cabot, higher volumes and a more favourable regional product mix only partially offset the lower gross profit per tonne resulting from the customer contract renewals. In an earnings call on the same day, Keohane said market fundamentals were showing signs of improvement, pointing to lower tire imports into western markets. The executive welcomed the EU's recent anti-dumping duties on Chinese tire imports, saying the measures should be "directionally positive" for the European tire industry over time. Year-to-date tire imports into the EU were down 16% through April, while imports into North America declined around 3%, Keohane said, noting that such trends were "encouraging and supportive of market fundamentals." According to the Cabot leader, most Chinese tire makers fall inside the 24%-45% range of EU anti-dumping duties. Furthermore, there are additional countervailing duties measures "that could materially increase that total duty burden," he added. Those duties, according to Keohane, "are possibly going to be announced by August... with an expectation of definitive measures by later in the year, December. Looking ahead, the company expects a modest sequential decline in fourth-quarter EBIT, citing normal seasonal volume weakness and a less favourable regional product mix, particularly in EMEA. "We normally experience some seasonality in this quarter," Keohane added. "The demand environment remains as expected with that normal seasonality embedded in it." * Every issue of European Rubber Journal (6 issues) including Special Reports & Maps. * Unlimited access to ERJ articles online * Daily email newsletter - the latest news direct to your inbox * Access to the ERJ online archive
Cabot Corporation narrowed its fiscal 2026 adjusted earnings per share guidance to $6.15–$6.45, citing energy price volatility and seasonal demand shifts. Performance Chemicals delivered strong results with a 19% year-over-year EBIT increase, whilst Reinforcement Materials faced headwinds from tire customer agreements that pressured margins despite a 5% volume increase. The company redirected its US battery capacity expansion from a greenfield site to a $125 million brownfield investment across two existing facilities to improve capital efficiency. Battery Materials maintained 24% EBITDA margins whilst scaling production. Regional volume growth in Asia Pacific (10%) and the Americas (4%) was driven by new Indonesian capacity and a Mexican acquisition. Net debt-to-EBITDA stood at 1.4x as of 30 June. Erica McLaughlin will succeed Sean Keohane as CEO as part of a planned leadership transition.
Cabot Corporation reported third-quarter fiscal 2026 adjusted earnings per share of $1.67, up 4% sequentially, as stronger Performance Chemicals results offset weaker Reinforcement Materials earnings. The company narrowed its full-year adjusted EPS guidance to $6.15–$6.45, from a previous range of $6.00–$6.50. Cabot is restructuring its battery materials expansion, replacing a planned Michigan greenfield facility with expansions at two existing US sites. The company will invest approximately $125 million, with capacity expected online in 2028. Battery materials remain on track to generate about $40 million in fiscal 2026 EBITDA. CEO Sean Keohane will retire on 30 September 2026 after nearly 25 years with the company. Chief financial officer Erica McLaughlin, who has spent nearly 25 years at Cabot, will succeed him as president and CEO.
Cabot Corporation elevates Erica McLaughlin to President and CEO following Keohane's retirement. * By TT News * July 31, 2026 Cabot Corporation has announced a significant leadership transition, with President and Chief Executive Officer Sean Keohane set to retire from his roles and step down from the Board of Directors, effective 30 September 2026. The company has elected Executive Vice President, Chief Financial Officer and Head of Corporate Strategy Erica McLaughlin to succeed him. McLaughlin will assume the positions of President and CEO, in addition to joining the Board as a member of the class whose term concludes at the 2029 Annual Meeting of Stockholders, effective 1 October 2026. To facilitate a seamless handover, Keohane will remain with Cabot in an advisory capacity through the end of the 2026 calendar year. Concurrent with McLaughlin's elevation, the company has initiated a formal search process to identify her replacement as Chief Financial Officer. McLaughlin brings over two decades of experience to her new role, having joined Cabot in 2002 and holding various senior leadership posts across finance, strategy and the Reinforcement Materials division. Since assuming her current position in 2018, she has been instrumental in shaping corporate strategy and driving operational discipline. Her prior roles included Vice President of Business Operations for Reinforcement Materials, General Manager of its tire business and Vice President of Investor Relations. Beyond Cabot, she contributes her expertise as a board member for Azenta Life Sciences and as an advisor to FM Global. Keohane's distinguished tenure spans nearly 25 years, with his service as President and CEO beginning in 2016. His leadership was marked by significant portfolio refinement, the strengthening of core businesses, and the successful expansion into battery materials. He also advanced the company's sustainability agenda and commitment to operational excellence, delivering robust performance and sustained shareholder value throughout his career. Board Chair Michael Morrow said, "Erica brings deep industry expertise and a strong understanding of Cabot's businesses, markets and global operations. This experience, coupled with her commitment to the company's long-term strategic priorities, positions her exceptionally well to lead Cabot. Its decision to appoint Erica as the next President and CEO reflects a thoughtful and deliberate succession planning process. Her deep knowledge of the organisation and commitment to the values and culture that have been integral to Cabot's success will provide continuity as Tyre Trends execute this leadership transition. Tyre Trends believe she brings the leadership, discipline and strategic clarity needed to lead Cabot forward and deliver on its long-term vision. "The Board is deeply appreciative of Sean's exceptional leadership and distinguished career at Cabot. We extend our congratulations on a well-deserved retirement. During his tenure as CEO, Sean provided strong, steady and thoughtful leadership, focusing the company's portfolio around its core businesses and advancing new strategic long-term growth priorities. His collaborative leadership style has strengthened our organisation and leadership team, leaving a strong foundation for continued success in the years ahead." McLaughlin said, "I am deeply honoured to succeed Sean as President and CEO and lead Cabot into our next chapter. Having been at Cabot for close to 25 years, I know firsthand the strength of our people and our businesses. I look forward to working with the Board and our global team to build on our success, grow the company by supporting our customers with innovative chemistry solutions to advance their businesses and create value for our stockholders." Keohane said, "It has been a tremendous privilege to lead Cabot and to work alongside such a talented and dedicated global team. I am incredibly proud of what we have accomplished together and the foundation we have created. I am confident Cabot is in excellent hands under Erica's leadership. We have worked side by side for almost my entire tenure as CEO and I have seen first-hand her strong leadership, operational discipline and sharp strategic mind. Erica is a trusted and highly capable leader with deep knowledge of our business and a commitment to our people, the culture and the unique heritage of this great company. I look forward to supporting a seamless transition in the months ahead."