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Cabot Corporation CBT recently issued an update on the impact of the current market scenario on its business segments.
Sales volumes in the Performance Chemicals segment were year-over-year 13% lower in April and May 2023, with declines across all product lines except Battery Materials, where volumes climbed owing to an increase in electric car sales in China. While sales volumes in the Performance Chemicals operations are rising sequentially in the fiscal third quarter, the rate of incre...
>>> Read more: Cabot (CBT) Announces Updates on Current Demand Scenario
Sales volumes in the Performance Chemicals segment were year-over-year 13% lower in April and May 2023, with declines across all product lines except Battery Materials, where volumes climbed owing to an increase in electric car sales in China. While sales volumes in the Performance Chemicals operations are rising sequentially in the fiscal third quarter, the rate of incre...
>>> Read more: Cabot (CBT) Announces Updates on Current Demand Scenario
