Cabot Corporation was founded by Godfrey Lowell Cabot in 1882 when he applied for a patent for a carbon black making machine.
Cabot Corporation was the early producer of carbon black which was needed at the time for magazines, newspapers, tires, and other rubber products for automobiles.
The company now operates selling specialty chemicals and performance materials. Carbon black is still sold as a reinforcing agent for rubber and molded goods. It also offers elastomer composite products of natural latex rubber for tires and drilling purposes used in gas well construction.
Cabot Corporation also produces activated carbon products for the purification of air, water, food, beverages, and pharmaceuticals.
The company sells its products through distributors in Europe, the Middle East, Africa, the Asian Pacific, and the Americas.
Cabor Corporation is publicly traded on the New York Stock Exchange under the ticker symbol CBT, is a member of the S&P 400, is #662 in the Fortune 1000, has 4,737 employees, and had $3.65 billion in revenue in 2013.