List of publicly traded carbon black companies and globally renowned carbon black enterprises

1. Birla Carbon Birla Carbon is the world’s largest manufacturer and supplier of high-quality carbon black additives, and the flagship company of the Aditya Birla Group, which has a market capitalization of USD 43 billion. The company aims to build the most prestigious, dynamic, and sustainable carbon black industry. Its management team strives relentlessly to become an efficient partner for customers, consistently and responsibly developing and manufacturing products that meet customer needs. Birla Carbon is committed to continuous innovation, placing strong emphasis on R&D to sustain its vitality, deliver customized solutions to clients, and translate those into industry-wide demands. The company offers a comprehensive portfolio of carbon black products—from ASTM-standard grades to specialty carbon blacks—serving global industries including rubber, plastics, coatings, inks, and other practical applications. Its key brands include Birla Carbon, Raven®, and Conductex®. With manufacturing facilities spanning the globe, Birla Carbon possesses substantial production and supply capacity, ensuring regular, uninterrupted delivery of consistently high-quality products to customers—including leading global brands and companies in the tire, rubber, ink, and paint industries. 2. Orion Engineered Carbons Orion Engineered Carbons is one of the world’s leading suppliers of carbon black. It originated as the carbon black business unit of Evonik Industries AG. On July 29, 2011, private equity firms Rhône Capital and Triton Partners successfully acquired this business unit and established Orion Engineered Carbons GmbH. Drawing upon over a century of experience in the carbon black industry, the newly formed Orion Engineered Carbons opened the door to the future with the dynamism and innovation expected of a global market leader. The company manufactures a wide range of carbon black products—including high-performance specialty gas-phase carbon blacks, furnace blacks, lamp blacks, acetylene blacks, and thermal blacks—used for coloring, performance enhancement, and functional improvement across diverse applications such as polymers, plastic products, oil & gas, coatings, inks & toners, batteries, textile fibers, adhesives & sealants, tires, and rubber products (e.g., automotive belts and hoses). 3. Cabot Corporation Founded in 1882, Cabot Corporation pioneered the commercial production of carbon black, ushering in a new era for the industry. After nearly 140 years of evolution, Cabot has grown into a global leader in specialty chemicals and high-performance materials, headquartered in Boston, Massachusetts, USA. The company continuously drives customer advancement across industries including transportation, infrastructure, environmental solutions, and consumer goods.

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For example, in December 2021, Cabot divested its Purification Solutions business. Although this business held promising prospects, the decision to spin it off aimed to concentrate resources on Cabot’s core business units and invest in areas with strong growth potential and innovation opportunities—such as battery materials. The rapid growth of electric vehicles is fueling explosive development in lithium-ion batteries. Conductive materials play a critical role in enhancing lithium-ion battery range, shortening charging times, and extending cycle life. Innovative battery material products are therefore a strategic priority. Naturally, enterprises’ developmental priorities vary across different stages—and the CFO’s value proposition evolves accordingly. While startups preparing for IPO may require a CFO with deep regulatory compliance expertise and extensive financing networks, Cabot places greater emphasis on the CFO’s ability to understand and practice ‘long-termism.’ Thus, Cabot focuses more on how the CFO helps create intrinsic value for the company—not on forcing strong performance in capital markets. Some companies go public solely to cash out; once the IPO is complete, management abandons responsibility—such an approach cannot build a century-old enterprise. A healthy mindset toward capital is: never forget the company’s original mission. Capital markets should be leveraged to secure funding to strengthen and scale up the core business. Pursuing listing for ulterior motives makes achieving lasting legacy exceedingly difficult. • 2. If Cabot had a personality, its most cherished value would be ‘Integrity’ Beyond its focus on core operations, Cabot’s core values constitute another vital pillar of its enduring success. If asked what Cabot cherishes most, ‘integrity’ would certainly rank among the top. Before making any decision, senior executives conduct a simple ‘headline test’: if tomorrow a newspaper published this decision on its front page, would the public approve? If the answer is ‘yes,’ then it’s the right thing to do; otherwise, it shouldn’t be done. Although enterprises must address stakeholders including employees, customers, investors, and regulators, Cabot firmly believes that no conflict arises among these groups when integrity serves as the guiding principle. As long as managers act with a clear conscience, their actions will inherently align with everyone’s interests and shared values. At Cabot, there is never a ‘difficult moment’ regarding financial integrity. Senior executives would never instruct staff to manipulate numbers for short-term performance gains. Should such an incident ever occur, employees can directly write to the company’s Compliance Office—and Cabot guarantees full protection for the reporter. • 3. ESG—the New Journey of a ‘Century-Old Enterprise’ Sustainability has brought widespread attention to ESG—an acronym for Environmental, Social, and Governance—a framework evaluating corporate performance based on environmental stewardship, social responsibility, and governance quality, rather than purely financial metrics. Objectively speaking, Cabot is a pioneer in ESG within its industry. Consistently building upon a robust foundation of long-term sustainability planning, Cabot actively supports industrial transition toward a low-carbon economy. In early 2022, the company announced its commitment to achieving net-zero carbon emissions globally by 2050. As part of its 2025 Sustainability Goals, Cabot has set a target to reduce greenhouse gas emission intensity by at least 20% compared to its 2005 baseline.

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Cabot Corporation appointed Steve Delahunt as interim CFO effective October 1, 2026. Delahunt, formerly VP and Corporate Treasurer, will lead financial operations during the search for a permanent successor following the CEO election.

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