Cabot Corporation - History

History

Cabot Corporation was founded by Godfrey Lowell Cabot in 1882 when he applied for a patent for a "carbon black making apparatus.” The company incorporated in the state of Delaware in 1960. According to Cabot's corporate history, "Godfrey combined his knowledge of pigmentation and chemistry with an understanding of natural gas to become an early producer of carbon black, which was a key ingredient for the growing applications of Godfrey's era, including newspaper and magazine printing inks as well as tires and other rubber goods needed for the fledgling automotive industry."

In 1993, a team of Cabot researchers developed a process for modifying the surface of carbon, something scientists had been trying to do for decades. With this critical breakthrough, Cabot chemists and researchers could prepare surface modified carbon black products with properties never before associated with carbon materials. for printer ink – the basis of Cabot’s Inkjet Colorants business unit founded in 1996.

In 2003, Cabot developed a commercialized process that allows continuous production of aerogels under ambient conditions, which was the start of the company’s Aerogel business. In FY 2009, Cabot completed construction of and began operating two additional rubber black production plants at its carbon black plant in Tianjin, China, increasing capacity to 150,000 metric tons. In July 2012, Cabot purchased Norit NV, the largest producer of activated carbon, for $1.1 billion.

Cabot sold its Supermetals business in FY 2011 to Global Advanced Metals Pty Ltd. This business produced tantalum, niobium and related alloys.

Read more about this topic:  Cabot Corporation

Famous quotes containing the word history:

    The History of the world is not the theatre of happiness. Periods of happiness are blank pages in it, for they are periods of harmony—periods when the antithesis is in abeyance.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    We are told that men protect us; that they are generous, even chivalric in their protection. Gentlemen, if your protectors were women, and they took all your property and your children, and paid you half as much for your work, though as well or better done than your own, would you think much of the chivalry which permitted you to sit in street-cars and picked up your pocket- handkerchief?
    Mary B. Clay, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 3, by Susan B. Anthony and Ida Husted Harper (1902)

    The history of any nation follows an undulatory course. In the trough of the wave we find more or less complete anarchy; but the crest is not more or less complete Utopia, but only, at best, a tolerably humane, partially free and fairly just society that invariably carries within itself the seeds of its own decadence.
    Aldous Huxley (1894–1963)