Cabot to Build Carbon Black Plant in Tianjin, China

November 10, 2004
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BOSTON, and SHANGHAI, China, Nov. 10 /PRNewswire-FirstCall/ -- Cabot Corporation (NYSE: CBT - ) announced today that it will expand its existing relationship with joint venture partner Shanghai Coking and Chemical Company to build a carbon black plant in Tianjin, China. The first production unit is scheduled to begin producing product in early 2006 with an estimated annual capacity of 50,000 MT. Expansion of the plant is currently planned for later in 2006.
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    William J. Brady, Executive Vice President and General Manager, Carbon Black, said, "We are pleased with this expansion of our partnership with Shanghai Coking and Chemical Company and to be working with the Tianjin Economic and Technological Development Area to build a world class carbon black facility. We have confidence that this expanded capacity will position us well to supply the growing China market."

    Cabot Corporation is a global specialty chemicals and materials company headquartered in Boston, MA. Cabot's major products are carbon black, fumed silica, inkjet colorants, and capacitor materials. http://www.cabot-corp.com. 

        Contact:
     Investor Relations
     617-342-6244

     Ethel Shepard
     Corporate Affairs Manager
     617-342-6254
     ethel_shepard@cabot-corp.com