Cabot Corporation and the China Petroleum and Chemical Industry Federation (CPCIF) jointly pursue high-quality development.

【Answer 1】【Carbon Black Industry Network】On March 7, news reported that Li Yunpeng, Party Secretary of the China Petroleum and Chemical Industry Federation (CPCIF), recently met with Zhu Ji, Executive Vice President and President of High-Performance Materials Business and Asia-Pacific Region at Cabot Corporation, along with his delegation. The two sides held an in-depth exchange on further deepening cooperation and jointly advancing high-quality development. This meeting holds significant importance for promoting the healthy, sustainable, and green development of China’s chemical industry. Zhu Ji stated that Cabot has full confidence in the Chinese market: currently, revenue from China accounts for approximately 27% of Cabot’s global total—surpassing its North American share of 17%—making China Cabot’s largest single market worldwide. He emphasized that Cabot is closely following the rapid growth of new-energy and new-materials markets, and has recently intensified investment in battery materials, achieving robust growth. Cabot looks forward to expanding comprehensive cooperation with CPCIF in areas such as advancing high-quality development, promoting Responsible Care®, and fostering green, sustainable development. Secretary Li Yunpeng congratulated Cabot on its recent achievements and expressed gratitude for Cabot’s consistent support and collaboration with CPCIF. He stated that CPCIF will continue unwaveringly serving the industry, supporting enterprises, assisting government agencies, and uniting stakeholders—all in pursuit of industry advancement. He stressed that China’s business environment is continuously improving, and he encouraged multinational corporations to boldly invest and sustain long-term development in the Chinese market.

Cabot Carbon Black’s full-year 2022 financial performance sets a new record high.

【Answer 2】 According to information released by Cabot via the Carbon Black Industry Network, Cabot—a globally renowned carbon black manufacturer—has recently published its full-year 2022 financial results, setting a new record high. Zhu Ji, Global Executive Vice President, President of Global High-Performance Materials Business, and President of Asia-Pacific Region at Cabot, stated that Cabot’s Asia-Pacific revenue exceeded USD 1.57 billion (approximately RMB 10.61 billion), ranking first among Cabot’s three major global regions in terms of business volume and achieving strong growth. Compared to Q4 FY2021, Cabot’s High-Performance Chemicals segment achieved a USD 4 million increase in EBIT (Earnings Before Interest and Taxes) for Q4 FY2022, primarily driven by higher per-unit profitability and increased sales volume. Against this broader backdrop, Cabot’s accurate market foresight, sustained investment in scientific innovation, and unwavering commitment to sustainable development collectively enabled these outstanding results. One major milestone for Cabot in 2022 was the official commissioning of its Xuzhou plant—the company’s fourth carbon black production base in China and its first wholly foreign-owned enterprise in the country.

Cabot Corp EVP Zhu Holds 84,321 Shares Following Transaction

Q: Cabot Corporation and the China Petroleum and Chemical Industry Federation (CPCIF) jointly pursue high-quality development.

【Answer 1】 【Carbon Black Industry Network】On March 7, news reported that Li Yunpeng, Party Secretary of the China Petroleum and Chemical Industry Federation (CPCIF), recently met with Zhu Ji, Executive Vice President and President of High-Performance Materials Business and Asia-Pacific Region at Cabot Corporation, along with his delegation. The two sides held an in-depth exchange on further deepening cooperation and jointly advancing high-quality development. This meeting holds significant importance for promoting the healthy, sustainable, and green development of China’s chemical industry. Zhu Ji stated that Cabot has full confidence in the Chinese market: currently, revenue from China accounts for approximately 27% of Cabot’s global total—surpassing its North American share of 17%—making China Cabot’s largest single market worldwide. He emphasized that Cabot is closely following the rapid growth of new-energy and new-materials markets, and has recently intensified investment in battery materials, achieving robust growth. Cabot looks forward to expanding comprehensive cooperation with CPCIF in areas such as advancing high-quality development, promoting Responsible Care®, and fostering green, sustainable development. Secretary Li Yunpeng congratulated Cabot on its recent achievements and expressed gratitude for Cabot’s consistent support and collaboration with CPCIF. He stated that CPCIF will continue unwaveringly serving the industry, supporting enterprises, assisting government agencies, and uniting stakeholders—all in pursuit of industry advancement. He stressed that China’s business environment is continuously improving, and he encouraged multinational corporations to boldly invest and sustain long-term development in the Chinese market.

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Cabot Corporation Executive Vice President Jeff Ji Zhu reported a transaction involving 1,016 shares on November 10, 2026, resulting in direct holdings of 84,321 shares.

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