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Cabot reports positive fourth quarter, fiscal year and announces dividend

Sean Keohane, Cabot President and Chief Executive Officer commented: “This was an exceptional year in both financial results and strategic progress. Our teams around the world did a fantastic job navigating a challenging macroeconomic environment. We delivered record 2022 adjusted earnings per share that exceeded our prior year performance by 25 percent. Both segments delivered double digit year-over-year EBIT growth, and growth in Battery Materials continues to outpace the market. In addition, discretionary free cash flow reached a historical high of $395 million in the fiscal year, and we paid $84 million in dividends to shareholders and repurchased shares totaling $53 million.”

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Mitsui Chemicals announce plans to open Digital Science Lab

Mitsui Chemicals, Inc. announced plans to open the Digital Science Lab to further accelerate the digital transformation (DX) of its R&D through digital science, a realm that blends computational science with data science and high-performance computing. The new research building will be located at Mitsui Chemicals’ Sodegaura Center, which is one of Japan’s largest R&D hubs belonging to a chemical company and brings together the combined knowledge of more than 1,000 researchers at a single site

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Goodyear adds Workhorse to Wrangler line of tires

The Goodyear Tire & Rubber Company announced a new addition to its lineup of hardworking Wrangler® tires, the Goodyear Wrangler Workhorse® HT. Engineered to deliver dependable all-season traction, the Wrangler Workhorse HT provides a smooth, confident ride and the strength to go the extra mile.
Backed with a 60,000-mile treadwear limited warranty, the Wrangler Workhorse HT features a long-wearing tread compound designed to deliver dependable tread life and traction in wet, dry and light snow driving conditions

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