MIRA
INFORM REPORT
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Report Date : |
29.03.2011 |
IDENTIFICATION DETAILS
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Name : |
CABOT CORPORATION |
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Registered Office : |
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Country : |
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Financials (as on) : |
30.09.2010 |
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Date of Incorporation : |
14.07.1960 |
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Com. Reg. No.: |
0554501 |
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Legal Form : |
Corporation for Profit |
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Line of Business : |
Chemical Wholesaler |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
400 000 USD |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2010
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Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GEOPOLITICS - UNITED STATES
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Federal
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Currency: USD |
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IDENTIFICATION
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Comment on data supplied |
Dear client, We found that the location you provided is a non incorporated business
unit of CABOT CORPORATION
headquartered at Therefore, the report will concern CABOT CORPORATION located at |
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Legal Name: |
CABOT CORPORATION |
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Legal Address |
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Operative Address |
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Telephone: |
+1 (617)-345-01 00 |
Registration Number : |
0554501 |
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Fax: |
NA |
Legal Form: |
Corporation for Profit |
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Email: |
NA |
Registered in: |
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Website: |
www.cabot-corp.com |
Date Created: |
1882 |
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Manager: |
Patrick M Prevost , President |
Date Incorporated: |
July 14th, 1960 |
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Staff: |
3,950 employees |
Stock: |
65.35M |
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Value: |
NA |
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Activity: |
Chemical wholesaler. |
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BANKS
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Name of the Bank |
SHAWMUT BANK |
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Name of the Bank |
1ST SOURCE BANK |
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Name of the Bank |
FIRST NATIONAL BANK |
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BUSINESS
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HISTORY |
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Cabot Corporation is a private company created in 1882 and based in |
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PRINCIPAL ACTIVITY |
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Cabot Corporation provides specialty chemicals and performance
materials worldwide. The company’s Core segment manufactures carbon black and elastomer
composite products for tire applications; and tantalum, niobium, and their
alloys for producing superalloys and chemical process equipment, as well as
for use in other industrial and aerospace applications. This segment also sells starting metals, such as high-purity grade
tantalum powders, plates, and ingots that are used to manufacture finished
tantalum sputtering targets. Its Performance Segment engages in the design, manufacture, and sale
of specialty grades of carbon black and thermoplastic concentrates; and fumed
silica, fumed alumina, and dispersions. This segment serves automotive, construction and infrastructure, and
electronics and consumer products sectors. The company’s New Business segment produces and sells aqueous inkjet
colorants to the inkjet printing market; and aerogel, a nano-structured high
surface area hydrophobic silica-based particle that is used in a range of
thermal insulation and specialty chemical applications. This segment also focuses on developing advanced materials for various
applications, such as anti-counterfeiting security, fuel cell, solar energy,
and environmental and industrial catalyst applications, as well as for other
performance material applications. Its Specialty Fluids Segment produces and markets cesium formate as a
drilling and completion fluid for use in high pressure and high temperature
oil and gas well construction. |
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Products/Services description: |
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The company offers the following products: Aerogel Cesium Fine Chemicals Cesium Formate Conductive Compounds Elastomer Composites Inkjet Colorants Masterbatches Niobium Rubber Carbon Blacks Security Materials Silicas and Aluminas Specialty Carbon Blacks Spodumene Tantalum Among others... |
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Sales are: |
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Wholesale |
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Clients: |
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Industrial companies |
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Operations area: |
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National, International |
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The company imports from Worldwide |
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The company does not export |
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Trade References: |
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Despite our searches we were not able to find any company's trade
references. |
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The subject employs 3,950 employee(s) |
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PAYMENTS |
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regular |
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LOCATION |
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Headquarters |
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The company is headquartered at: |
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Comments on location: |
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The company is incorporated in However it operates and is headquartered is in |
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Branches: |
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Cabot operates in 39 manufacturing facilities located in the - CABOT CORPORATION located at |
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Shareholders - Manager - Related Companies
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Listed at the stock exchange: |
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YES |
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Capital: |
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The subject is publicly traded at the NYSE under the symbol
"CBT". % of Shares Held by All Insider and 5% Owners: 1% % of Shares Held by Institutional & Mutual Fund Owners: 80% % of Float Held by Institutional & Mutual Fund Owners: 81% Number of Institutions Holding Shares: 230 |
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Shareholders Parent Company(ies): |
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- Major Direct
Holders SPO ADVISORY CORP PREVOST PATRICK M BRADY WILLIAM J CORDEIRO EDUARDO MACLEOD RODERICK - Top
Institutional Holders STATE STREET CORPORATION LORD ABBETT & CO VANGUARD GROUP, INC. (THE) SCHRODER INVESTMENT MANAGEMENT GROUP FMR LLC Aronson, Johnson & Ortiz Allianz Global Investors of BlackRock Institutional Trust Company SNYDER CAPITAL MANAGEMENT, LP RAINIER INVESTMENT MANAGEMENT - Top Mutual
Fund Holders LORD ABBETT RESEARCH FUND, SMALL-CAP VALUE SERIES Allianz Fds-NFJ Small Cap Value Fd VANGUARD SMALL-CAP INDEX FUND RAINIER SMALL/MIDCAP EQUITY PORTFOLIO ROYCE TOTAL RETURN FUND FIDELITY VALUE FUND SPDR S&P Mid Cap 400 ETF Trust VANGUARD TOTAL STOCK MARKET INDEX FUND ISHARES S&P MIDCAP 400 INDEX FD VANGUARD SMALL CAP VALUE INDEX FUND |
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Management: |
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Patrick M. Prevost - President and Chief Executive Officer Dirk L. Blevi - Executive Vice President Eduardo E. Cordeiro - Executive Vice President, Chief Financial
Officer David A. Miller - Executive Vice President and General Manager, Core
Segment and General Manager, Americas Region James Belmont - Vice President Brian A. Berube - Vice President, General Counsel Douglas A. Church - Vice President, Chief Information Officer Nick Cross - Vice President, General Manager, Europe, Middle East and Peter M. Hunt - Vice President, Tax James P. Kelly - Vice President and Controller Sean Keohane - Vice President and General Manager, Performance Segment Yakov Kutsovsky - Vice President, Research & Development Helmut Lorat - Vice President, Engineering Martin O'Neill - Vice President, Safety, Health and Environmental
Affairs Ravijit Paintal - Vice President and General Manager, Specialty Fluids
Segment Chang Loo Sih - Vice President, Robby D. Sisco - Vice President, Human Resources Irene Sudac - Vice President and Treasurer James Turner - Vice President, Operations - Specialty Fluids Segment Friedrich von Gottberg - Vice President and General Manager, New
Business Segment Xinsheng Zhang - Vice President and General Manager, Asia/Pacific
Region Lisa M. Dumont - Assistant Controller John F. Fox - Assistant Treasurer Jane A. Bell - Secretary Karen Abrams - Assistant Secretary |
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Related Companies: |
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Cabot Cabot Cabot Plastics Hong Kong Ltd ( Cabot India Limited ( United Chemical France S.A.(France) Cabot Plastics Among others... |
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Financials - COMMERCIAL TRENDS AND FORECAST
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The subject is a
public company traded at the NYSE stock exchange under the symbol "CBT".
Please find enclosed the financial statements. |
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Legal Fillings |
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There are UCC files listed with
the Secretary of State of Delaware. 1. Filing Number: 2010 4397695 Filing Date: 12-13-2010 Filing Jurisdiction: Filing Location: SECRETARY OF
STATE/UCC DIVISION FEDERAL & DUKE OF Filing History: Filing Type
Filing Date INITIAL FILING 12-13-2010 Secured Party: TOYOTA MOTOR
CREDIT CORPORATION Secured Party Address: Debtor: CABOT CORPORATION Debtor Address: ALPHARETTA GA 30005- 1728 Collateral Description:
12/13/2010 2010 4397695 - EQUIPMENT LEASED Collateral Count: 2. Filing Number: 2010 4181594 Filing Date: 11-30-2010 Filing Jurisdiction: Filing Location: SECRETARY OF
STATE/UCC DIVISION FEDERAL & DUKE OF Filing History: Filing Type
Filing Date INITIAL FILING 11-30-2010 Secured Party: TOYOTA MOTOR
CREDIT CORPORATION Secured Party Address: Debtor: CABOT CORPORATION Debtor Address: ALPHARETTA GA 30005- 1728 Collateral Description:
11/30/2010 2010 4181594 - EQUIPMENT LEASED Collateral Count: 3. Filing Number: 2010 2712812 Filing Date: 08-04-2010 Filing Jurisdiction: Filing Location: SECRETARY OF
STATE/UCC DIVISION FEDERAL & DUKE OF Filing History: Filing Type
Filing Date INITIAL FILING 08-04-2010 Secured Party: HEWLETT-PACKARD
FINANCIAL SERVICES COMPANY Secured Party Address: NEW PROVIDNCE NJ 07974- 2736 Debtor: CABOT CORPORATION Debtor Address: ALPHARETTA GA 30005- 1728 Collateral Description:
08/04/2010 2010 2712812 - EQUIPMENT INCLUDING PROCEEDS AND
PRODUCTS;COMPUTER EQUIPMENT INCLUDING PROCEEDS AND PRODUCTS;GENERAL
INTANGIBLE(S) INCLUDING PROCEEDS AND PRODUCTS The company is defendant in various pending lawsuits and proceedings
and is subject to various other claims arising in the normal course of its
business. Although the outcome of these lawsuits and proceedings cannot be
predicted with certainty at this time, it is believed that the ultimate
disposition of such suits will not have a material adverse effect on the
company. THE COMPANY IS NOT LISTED ON THE OFAC LIST.* For information: * The Specially Designated Nationals (SDN) List is a publication of
OFAC which lists individuals and organizations with whom ** The Uniform Commercial Code (UCC) is one of a number of uniform
acts that have been promulgated in conjunction with efforts to harmonize the
law of sales and other commercial transactions in all 50 states within the The UCC deals primarily with transactions involving personal property
(movable property), not real property (immovable property). It allows a creditor to notify other creditors about a debtor’s assets
used as collateral for a secured transaction by filing a public notice
(financing statement) with a particular filing office. The Uniform Commercial Code Bureau files and maintains on financial
obligations (including IRS liens) incurred by individuals (in business as a
sole proprietor), business entities and corporations. |
Rating
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Local credit bureau gave a correct credit rate. The company is in Good Standing. This means that all local and federal
taxes were paid on due date. |
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Final Opinion |
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This is a large size company with several years in the business and
publicly trader at the NYSE under the symbol "CBT" Looking at the company's financials, we can see that the company is
back on a safe trend. Indeed, the company's profitability is correct and the lenght of
payment remains regular. Nevertheless the debt level is medium. At this time, we believe that the company can bear a credit line in
the range of 400 000 USD Monitoring is still required. |
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SUMMARY
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Profitability |
CORRECT |
Public Records |
YES |
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Indebtedness |
MEDIUM |
Payments |
REGULAR |
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Cash |
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APPENDIX
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Position |
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The operator |
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Comments |
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She was able to confirm us some information in the report. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.44.78 |
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1 |
Rs.71.64 |
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Euro |
1 |
Rs.62.96 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.