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MIRA
INFORM REPORT
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Report No. : |
492616 |
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Report Date : |
22.02.2018 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Corporation Trust Center 1209 Orange Stwilmington New
Castle Delaware |
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Country : |
United States |
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Financials (as on) : |
30.09.2017 |
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Date of Incorporation : |
1882 |
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Legal Form : |
Domestic corporation |
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Line of Business : |
Subject operates as a specialty chemicals
and performance materials company. |
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No. of Employees : |
4,500 (30.09.2017) |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A+ |
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Credit Rating |
Explanation |
Rating Comments |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED STATES - ECONOMIC
OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY INFORMATION
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Legal Name: |
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TradeName: |
CABOT |
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ID: |
554501 |
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I.R.S. Employer Identification No. |
04-2271897 |
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Date Created: |
1882 |
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Date Incorporated: |
7/14/1960 |
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Legal Address: |
CORPORATION TRUST CENTER 1209 ORANGE
STWILMINGTON New Castle Delaware |
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Operative Address: |
4400 North Point Parkway |
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Telephone: |
+678 297 1300 |
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Fax: |
+678 297 1245 |
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Legal Form: |
Domestic corporation |
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Email: |
NA |
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Registered in: |
Delaware |
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Website: |
www.cabotcorp.com |
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Contact: |
Mr. Sean D. Keohane- President, Chief
Executive Officer & Director |
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Staff: |
As of September 30, 2017, they had
approximately 4,500 employees |
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Activity: |
Chemical Manufacturing |
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Banks: |
The company does not make its banking
data public |
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History: |
Cabot Corporation was founded in 1882. |
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Key Develeopments: |
Cabot
Corporation Key Developments Cabot
Corporation Appoints Patricia Hubbard as Senior Vice President and Chief
Technology Officer Feb 13
18 Cabot
Corporation announced the appointment of Dr. Patricia Hubbard as Senior Vice
President and Chief Technology Officer (CTO). Hubbard joins Cabots Management
Executive Committee, reporting directly to Cabot Chief Executive Officer Sean
Keohane. In this role, Dr. Hubbard will assume responsibility for Cabots
global technology and research and development (R&D) function. As CTO,
she will be responsible for shaping and evolving Cabots technology strategy
while driving execution in support of the Companys business objectives. Dr.
Hubbards distinguished background includes leadership positions at several
global Fortune 500 companies. Most recently she was Vice President of R&D
for Avery Dennisons Label and Graphic Materials division in North America.
Her career in technology also included Vice President of Corporate R&D as
well as Technology Director for the Specialty Engineered Materials business
at PolyOne Corporation. In addition, she held various technology roles at
General Electric. Cabot
Corporation Appoints Patricia Hubbard as Senior Vice President and Chief
Technology Officer Feb 5
18 Cabot
Corporation announced the appointment of Dr. Patricia Hubbard as Senior Vice
President and Chief Technology Officer (CTO). Hubbard joins it’s Management
Executive Committee, reporting directly to Cabot Chief Executive Officer Sean
Keohane. In this role, Dr. Hubbard will assume responsibility for its global
technology and research and development (R&D) function. As CTO, she will
be responsible for shaping and evolving Cabot’s technology strategy while
driving execution in support of the Company’s business objectives. |
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PRINCIPAL ACTIVITY
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Cabot Corporation operates as a
specialty chemicals and performance materials company. |
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Products/Services description: |
The
company offers carbon black, a form of elemental carbon used to enhance the
physical properties of the systems and applications in which it is
incorporated; and rubber blacks for use as a rubber reinforcing agent and
performance additive in tires, hoses, belts, extruded profiles, and molded
goods. It also provides compounds of carbon black and rubber primarily for
tire applications; and cesium formate, a drilling and completion fluid for
use in high pressure and high temperature oil and gas well construction. In
addition, the company offers specialty grades of carbon black used in inks,
coatings, plastics, adhesives, toners, batteries, and displays applications;
masterbatch and conductive compound products for use in automotive,
industrial, packaging, consumer products, and electronics industries; inkjet
colorants used in the inkjet printing applications; and fumed silica, fumed
alumina, and dispersions for automotive, construction, microelectronics,
batteries, and consumer products industries, as well as aerogel, a hydrophobic,
silica-based particle for use in various thermal insulation and specialty
chemical applications. Further, it provides activated carbon products used
for the purification of water, air, food and beverages, pharmaceuticals, and
other liquids and gases; as a chemical carrier; and as a colorant or a
decolorizing agent. |
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Brands: |
PLASBLAK RAINBOW CABOT SPHERON |
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Sales are: |
Wholesale and retail |
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Clients: |
CABOT CHINA LTD. Panama |
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Suppliers: |
CABOT ASIA SDN.BHD. Canada CABOT SWITZERLAND GMBH Switzerland |
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Operations area: |
National and international |
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The company imports from |
Canada Netherlands Switzerland |
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The company exports to |
Panama |
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The subject employs |
As of September 30, 2017, they had
approximately 4,500 employees |
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Payments: |
Regular |
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LOCATION |
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Headquarters : |
4400 North Point Parkway |
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Branches: |
Cabot Business & Technology Center 157 Concord Road Billerica, Massachusetts 01821-7001 United States MARSHALL Cabot Norit Activated Carbon Americas 3200 University Avenue Marshall, Texas 75670 United States |
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Related Companies: |
ASIA PACIFIC Cabot China Ltd. 558 Shuangbai Road Shanghai 201108 China SOUTH AMERICA Cabot Brasil Industria e Comercio Ltda. Rua do Paraiso 148 - 5 andar Sao Paulo 04103-000 Brazil EUROPE, MIDDLE EAST & AFRICA SIA Cabot Latvia 101 Mukusalas Street Riga LV-1004 Latvia General questions: |
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Subsidiaries |
Cabot Argentina S.A.I.C., Argentina Cabot Specialty Fluids S.A., Argentina Cabot Australasia Pty. Ltd., Australia Cabot Australasia Investments Pty. Ltd.,
Australia Cabot Plastics Belgium S.A., Belgium Specialty Chemicals Coordination Center,
S.A., Belgium Cabot (Bermuda) Ltd., Bermuda Cabot Brasil Industria e Comércio Ltda.,
Brazil Tantalum Mining Corporation of Canada
Ltd., Manitoba, Canada Coltan Mines Limited, Manitoba, Canada Cabot Finance N.B. LP, New Brunswick,
Canada Cabot Canada Ltd., Ontario, Canada Cabot Plastics Hong Kong Limited, China Shanghai Cabot Chemical Company Ltd.,
China Cabot Trading (Shanghai) Company Ltd.,
China Cabot (China) Limited, China Cabot Bluestar Chemical (Jiangxi) Co.,
Ltd., China Cabot Chemical (Tianjin) Co., Ltd.,
China Cabot Performance Products (Tianjin)
Co., Ltd., China Cabot Colombiana S.A., Colombia CS Cabot spol, s.r.o., Czech Republic Cabot Czech Holding Company s.r.o.,
Czech Republic Cabot France S.A.S., France Cabot Carbone S.A.S., France Cabot Europa G.I.E., France Cabot GmbH, Germany Cabot Holdings I GmbH, Germany Cabot Holdings II GmbH, Germany Cabot Nanogel GmbH, Germany Cabot India Limited, India P.T. Cabot Indonesia, Indonesia Cabot Italiana S.p.A., Italy Aizu Holdings K.K., Japan Cabot Asia Kumiai, Japan Subsidiary State/Jurisdiction of Incorporation Cabot Japan K.K., Japan Cabot Supermetals K.K., Japan Cabot Korea Y.H., Korea Cabot Luxembourg Holdings S.a.r.l.,
Luxembourg Cabot Luxembourg Investments S.a.r.l.,
Luxembourg Cabot Luxembourg Finance S.a.r.l.,
Luxembourg Cabot Asia Sdn. Bhd., Malaysia Cabot Elastomer Composites Sdn Bhd.,
Malaysia Cabot Materials Research Sdn Bhd.,
Malaysia Cabot Malaysia Sdn. Bhd., Malaysia CMHC, Inc., Mauritius Cabot Specialty Fluids (Singapore) Pte.
Ltd., Singapore Cabot S.A., Spain Cabot International GmbH, Switzerland Cabot Switzerland GmbH, Switzerland Cabot B.V., The Netherlands Cabot Finance B.V., The Netherlands Black Rose Investments Limited, British
Virgin Islands Dragón Verde Investments Limited,
British Virgin Islands AHB Investments Limited, British Virgin
Islands HDF Investments Limited, British Virgin
Islands Ramaai Holdings Limited, British Virgin
Islands Cabot Performance Products FZE, Dubai,
United Arab Emirates Botsel Limited, United Kingdom (England) Cabot Carbon Limited, United Kingdom
(England) Cabot G.B. Limited, United Kingdom
(England) Cabot Plastics Limited, United Kingdom
(England) Cabot U.K. Limited, United Kingdom
(England) Cabot UK Holdings Limited, United
Kingdom (England) Cabot UK Holdings II Limited, United
Kingdom (England) Cabot UK Holdings III Limited, United
Kingdom (England) Cabot Specialty Fluids Limited, United
Kingdom (Scotland) Cabot Specialty Fluids North Sea
Limited, United Kingdom (Scotland) BCB Company, Delaware, United States Cabot Asia Investment Corporation,
Delaware, United States Cabot Ceramics, Inc., Delaware, United
States Cabot Corporation Foundation, Inc.,
Massachusetts, United States Subsidiary State/Jurisdiction of Incorporation Cabot CSC Corporation, Delaware, United
States Cabot Europe Limited, Delaware, United
States Cabot Holdings LLC, Delaware, United
States Cabot Insurance Co. Ltd. (Vermont),
Vermont, United States Cabot International Limited, Delaware,
United States Cabot International Capital Corporation,
Delaware, United States Cabot International Services
Corporation, Massachusetts, United States Cabot Specialty Chemicals, Inc.,
Delaware, United States Cabot Specialty Fluids, Inc., Delaware,
United States CDE Company, Delaware, United States Energy Transport Limited, Delaware,
United States Cabot US Finance LLC, Delaware, United
States Cabot US Investments LLC, Delaware,
United States Kawecki Chemicals, Inc., Delaware,
United States Cabot Security Materials Inc., Delaware,
United States Representaciones 1, 2 y 3 C.A., Venezuela Valores Ramaai C.A., Venezuela |
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GROUP STRUCTURE AND SUBSIDIARY COMPANIES |
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Listed at the stock exchange: |
YES: CABOT CORPORATION (X) |
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Shares outstanding: |
64.5M |
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Market capital: |
3.949B |
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Shareholders: |
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Management: |
SEAN D. KEOHANE, Director, President and EDUARDO E. CORDEIRO, Executive Vice
President and JAMES P. KELLY, Vice President and
Controller JOHN F. O’BRIEN, Director, Non-Executive JUAN ENRIQUEZ, Director WILLIAM C. KIRBY, Director RODERICK C.G. MACLEOD, Director JOHN K. MCGILLICUDDY, Director MICHAEL M. MORROW Director /s/ PATRICK M. PREVOST,
Director SUE H. RATAJ, Director MATTHIAS L. WOLFGRUBER, Director MARK S. WRIGHTON, Director |
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FINANCIAL INFORMATION |
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We attach company’s latest financial statements. Cabot Corporation announced unaudited
consolidated earnings results for first quarter ended December 31, 2017. For the quarter, the company reported
net sales and other operating revenues of $720 million compared to $611 million
a year ago. Income from operations was $94 million compared to $82 million a
year ago. Income from continuing operations before income taxes and equity in
earnings of affiliated companies was $92 million compared to $75 million a
year ago. Net loss attributable to the company was
$122 million or $1.98 per diluted share compared to net income of $55 million
or $0.86 per diluted share a year ago. Adjusted EPS was $0.92 compared to
$0.85 a year ago. Cash provided by operating activities
was $45 million compared to $107 million a year ago. Additions to property, plant and
equipment was $52 million compared to $22 million a year ago. Adjusted EBITDA
was $138 million and discretionary free cash flow was $53 million. Capital expenditures were $52 million.
Results in the quarter were also impacted by the enactment of the Tax Cuts
and Jobs Act in December 2017, which resulted in a tax charge of $185 million
in the first quarter. For the full year, the company expects capital
expenditures to be approximately $250 million. The company has raised the expectation
of adjusted EPS for 2018 to be in the range of $3.80 to $4.20. |
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LEGAL FILINGS |
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PATENTS |
Ink
compositions comprising surfactants having limited solubility Patent
number: 9617440 Abstract:
Disclosed herein are ink compositions comprising a self-dispersed pigment in
a liquid vehicle. The liquid vehicle can comprise a solvent/water mixture in
which the composition further comprises a surfactant system having limited
solubility/compatibility with the liquid vehicle. Also disclosed are
surfactant systems comprising at least a first and a second surfactant, where
the first surfactant is selected from alkoxylated alkyne-containing alkylene
diols and N-alkyl pyrrolidones, and wherein the first surfactant has a
solubility of less than 0.5% in a 5% glycerol/water mixture, and where the a
second surfactant is selected from acetylene alcohols comprising linear or
branched C1-C14 alkyls, and alkoxylated phosphate esters. Type:
Grant Filed:
August 16, 2013 Date of
Patent: April 11, 2017 Assignee:
Cabot Corporation Inventor:
Tianqi Liu MODIFIED
CARBON BLACK FOR OILFIELD FLUIDS Publication
number: 20170096593 Abstract:
Surface treated modified carbon black particles and oil-based drilling fluids
are described. The carbon blacks are incorporated into the oil-based drilling
fluids to reduce the electrical resistivity of the oil-based drilling fluids.
The surface treated carbon blacks can include a hydrophobic organic group and
are readily dispersible in oil-based drilling fluids. Type:
Application Filed:
March 26, 2015 Publication
date: April 6, 2017 Applicant:
Cabot Corporation Inventors:
Eugene N. Step, Michael J. Natan Treated
fumed silica Patent
number: 9581922 Abstract:
Disclosed herein are treated fumed silica particles comprising a modified
polydialkylsiloxane on the surface thereof, a method for preparing treated
fumed silica particles, and a rheological system comprising a polar liquid
and treated fumed silica particles. Also disclosed are toner compositions comprising
toner particles and treated fumed silica particles comprising a modified
polydialkylsiloxane. Type:
Grant Filed:
March 14, 2013 Date of
Patent: February 28, 2017 Assignee:
Cabot Corporation Inventors:
Angelica Maria Sanchez Garcia, Elizabeth Sims, Sean Sullivan, Geary Graham,
Hajime Kambara Method
for carbon black production using preheated feedstock and apparatus for same Patent
number: 9574087 Abstract:
Methods for production of carbon black using high temperature feedstock at
temperatures exceeding about 300° C. with fouling control are provided. An
apparatus for production of carbon black according to these methods also is
provided. Type:
Grant Filed:
October 24, 2014 Date of
Patent: February 21, 2017 Assignee:
Cabot Corporation Inventors:
Serguei Nester, Frederick H. Rumpf, Yakov E. Kutsovsky, Charles A. Natalie Methods
to recover cesium formate from a mixed alkali metal formate blend Patent
number: 9573821 Abstract:
Methods to recover or separate cesium formate or rubidium formate or both
from a mixed alkali metal formate blend are described. One method involves
adding cesium sulfate or rubidium sulfate to the mixed alkali metal formate
blend in order to preferentially precipitate potassium sulfate from the mixed
alkali metal formate blend. Another method involves adding cesium carbonate
or cesium bicarbonate or both to preferentially precipitate potassium
carbonate/bicarbonate and/or other non-cesium or non-rubidium metals from the
mixed alkali metal blend. Further optional steps are also described. Still
one other method involves converting cesium sulfate to cesium hydroxide. Type:
Grant Filed:
August 23, 2016 Date of
Patent: February 21, 2017 Assignee:
Cabot Corporation Inventor:
Bart F. Bakke |
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GOVERNMENT CONTRACTS |
No lega records found. |
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CASES |
Cabot
is a party in various lawsuits and environmental proceedings wherein
substantial amounts are claimed. The following is a description of the
significant proceedings pending on September 30, 2016, unless otherwise
specified. Environmental
Proceedings In
November 2013, Cabot entered into a Consent Decree with the United States
Environmental Protection Agency (“EPA”) and the Louisiana Department of
Environmental Quality (“LDEQ”) regarding Cabot’s three carbon black
manufacturing facilities in the United States. This settlement is related to
EPA’s national enforcement initiative focused on the U.S. carbon black
manufacturing sector alleging non-compliance with certain regulatory and
permitting requirements under The Clean Air Act, including the New Source
Review (“NSR”) construction permitting requirements. Pursuant to this
settlement, which was approved by the U.S. District Court for the Western
District of Louisiana in March, 2014, Cabot paid a combined $975,000 civil
penalty to EPA and LDEQ, agreed to fund environmental mitigation projects in
the three communities where the plants are located for a total cost of
approximately $450,000, two of which have been completed, and will install
technology controls for sulfur dioxide and nitrogen oxide. They expect that
the total capital costs to install these controls will be between $100
million and $150 million and will be incurred through calendar year 2020. In
addition, Cabot has agreed to certain best management practices (“BMPs”) to
control emissions of particulate matter at the three locations. Continental
Carbon settled with EPA on similar terms in 2015. It is expected that other
carbon black manufacturers will also be required to install technology
controls and agree to adopt BMPs at their U.S. facilities in connection with
this initiative and are also likely to pay a civil penalty and fund
mitigation projects. They
continue to perform certain sampling and remediation activities at a former
pine tar manufacturing site in Gainesville, Florida that they sold in the
1960s. Those activities are pursuant to a formal Record of Decision and 1991
Consent Decree with EPA. Cabot installed a groundwater treatment system at
the site in the early 1990s, and that system is still in operation. They have
also been requested by EPA and other stakeholders to carry out various other
additional work at the site, the scope of which has yet to be fully
determined. They continue to work cooperatively with EPA, the Florida
Department of Environmental Protection and the local authorities on this
matter. As of
September 30, 2016, they had a $14 million reserve for environmental
remediation costs at various sites. The operation and maintenance component
of this reserve was $6 million. The $14 million reserve represents their current
best estimate of costs likely to be incurred for remediation based on their
analysis of the extent of cleanup required, alternative cleanup methods
available, the ability of other responsible parties to contribute and their
interpretation of laws and regulations applicable to each of their sites. |
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TRADEMARKS |
PLASBLAK granulated concentrates of carbon black
in plastics used in small amounts to color naturally uncolored plastics Owned by: Cabot Corporation Serial Number: 74239301 PLASBLAK granulated concentrates of carbon black
in plastics used as chemical substances and also to impart resistance to
weathering… Owned by: Cabot Corporation Serial Number: 74239303 RAINBOW plastic molding compounds for use in the
manufacture of molded plastic articles Owned by: Cabot Corporation Serial Number: 74261953 RAINBOW colorants for use in the manufacture of
plastic molding compounds Owned by: Cabot Corporation Serial Number: 74261954 CABOT carbon black for use as a color pigment Owned by: Cabot Corporation Serial Number: 74321102 SPHERON carbon black for manufacturing use in
the rubber, plastics, coatings, and ink industries Owned by: Cabot Corporation Serial Number: 74545922 |
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SUMMARY |
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Cabot Corporation operates as a
specialty chemicals and performance materials company. The company has 4300 employees; it sells
its products primarily through distributors and sales representatives in the
Americas, Europe, the Middle East, Africa, and the Asia Pacific. Cabot Corporation was founded in 1882
and is headquartered in Boston, Massachusetts. It exports to Panama and imports from
Canada, Switzerland and Netherlands. It appears as ACTIVE in the records of
Delaware. |
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RISK INFORMATION |
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
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NAME |
Patrick |
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POSITION |
Administrative |
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COMMENTS |
He confirmed address of the
headquarters, management, the number of employees and the company’s principal
activity. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.81 |
|
|
1 |
INR 90.66 |
|
Euro |
1 |
INR 79.94 |
|
US Dollar |
1 |
INR 65.06 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
PRI |
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Report Prepared
by : |
TRU |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.