Cabot Corporation Publishes 2025 Sustainability Report

Cabot Corporation Publishes 2025 Sustainability Report

Cabot Corporation has released its 2025 Sustainability Report, detailing the company's advancements in 2024 and introducing a new set of objectives for 2030. The report demonstrates significant momentum, with Cabot having already met 11 of its 15 sustainability targets for 2025 ahead of schedule and anticipating further progress on the remaining goals this year.

Notable achievements from the reporting period include a community investment of USD 10 million in its local operating areas and a reduction in greenhouse gas (GHG) emissions intensity by more than five percent, which surpassed the 2025 goal early. The company also reported its highest level of beneficial waste reuse in over six years, diverting significant material from landfills. In product innovation, Cabot launched the REPLASBLAK family, its first black masterbatches to receive International Sustainability & Carbon Certification (ISCC) PLUS. Furthermore, the company reinforced its commitment to reducing plastic pellet loss by securing Operation Clean Sweep Europe certification for its two masterbatch facilities in Belgium.

Looking forward, Cabot has established a new framework of 2030 Sustainability Goals, shaped by a comprehensive materiality assessment conducted in 2024. This assessment involved extensive research, peer benchmarking and consultations with internal teams and external stakeholders to identify six priority areas. The resulting 2030 targets include a 15 percent reduction in Scope 1 and Scope 2 GHG emissions intensity and a 20 percent absolute reduction in sulphur dioxide emissions. The goals also encompass ambitious energy and water management targets, such as exporting 250 percent of the energy the company imports and reducing freshwater withdrawal intensity by 10 percent at sites in water-stressed regions. Additional objectives focus on lowering the average product carbon footprint by five to 10 percent and achieving a 25 percent reduction in safety incident rates.

Developed in accordance with Global Reporting Initiative (GRI) Standards, the full 2025 Sustainability Report, which also supports Cabot's commitment to the United Nations Global Compact, is available for review on the company’s website.

Sean Keohane, President and CEO, Cabot Corporation, said, “Sustainability is central to who we are at Cabot and serves as the foundation for our purpose of creating materials that improve daily life and enable a more sustainable future. By leveraging advanced chemistry and innovation, we are supporting our customers in tackling complex sustainability challenges, all while working to minimise our own environmental impact across our global operations. I am immensely proud of the accomplishments our team has made to advance our sustainability priorities and look forward to building on this momentum with the launch of our new 2030 Sustainability Goals, aimed at generating positive, lasting impact for our customers, communities and the world.”

Jennifer Chittick, Senior Vice President – Safety, Health and Environment (SH&E) and Chief Sustainability Officer, Cabot Corporation, said, “As a global leader in our industry, it is our responsibility to set forward-looking goals that challenge us to elevate our sustainability performance. Our 2030 Sustainability Goals are not just benchmarks, they are a strategic framework to guide how we innovate, operate and create long-term value for all our stakeholders. Achieving these goals will require cross-functional collaboration, creativity and a shared commitment to continuous improvement. Our ability to meet them will position Cabot as a differentiated leader in sustainability, both within the chemical industry and beyond.” 

Enviro Signs LOI For Pyrolysis Technology Licensing In North America

Enviro Signs LOI For Pyrolysis Technology Licensing In North America

Scandinavian Enviro Systems AB publ has signed a letter of intent with an undisclosed partner to explore the possibility of licensing its advanced tyre pyrolysis technology for deployment in North America.

The collaboration will focus on conducting a comprehensive feasibility study to evaluate the technical and commercial viability of establishing one or multiple facilities dedicated to processing end-of-life tyres using Enviro’s proprietary method. This study is designed to provide the potential licensee with the necessary insights to assess the prospects of entering into a long-term commercial arrangement and formal technology licensing agreement.

It is important to note that any definitive agreements will depend entirely on the study's outcomes and subsequent negotiations. At this stage, there is no guarantee that the evaluation will lead to binding commitments or that the proposed transaction will ultimately materialise.

Fredrik Aaben, CEO, Scandinavian Enviro Systems, said, “We continue to see strong international interest in Enviro’s technology, and this letter of intent is yet another proof of this.”

Kraton Corporation Announces Price Hike For Polymer Products

Kraton Corporation Announces Price Hike For Polymer Products

Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

LANXESS Announces Price Hike For Rubber Additives

LANXESS Announces Price Hike For Rubber Additives

German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A. Announces Price Hike For Speciality Carbon Black

Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.