IHS Chemical Week

Chemical Week Magazine :: Top of the Week

Cabot Sells Tantalum Business for $400 Million

12:09 PM MDT | August 29, 2011 | —ROBERT WESTERVELT

Prevost: Cash could fund acquisitions. Cabot has agreed to sell its Supermetals unit, primarily a maker of tantalum and alloys, to Global Advanced Metals (GAM; Perth, Australia) for $400 million. GAM is a leading supplier of tantalum ore. Cabot’s Supermetals business posted 2010 sales of $177 million, roughly 6% of Cabot revenues, and operating profit before tax of $35 million. Supermetals earnings have been volatile, and the business posted slight losses in 2008 and 2009. The deal is expected to close by the end of the year. “We believe that the...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa