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10/03/18 7:53PM
2019 Contract Pricing
I wanted to provide an update on CBT. Last week, there was a major carbon black industry conference where producers, buyers, feedstock providers congregated (Carbon Black World in Germany). The takeaways from the conference was... login to read the rest
CBT had a strong quarter even though the headline EBIT/EBITDA masks the real underlying strength of the Reinforcement Materials business and the current rubber carbon business. CBT's fiscal YTD Reinforcement Materials generated $215m of EBIT,... login to read the rest
Upsized Share Repurchase Program Hints at Solid Underlying Fundamentals
This morning, CBT announced that they increased their current share repurchase authorization by 10m shares to 11m and increased their target repurchases to $400m over the next 3 years.
This is above CBT's targets laid out... login to read the rest
I recently got a chance to meet with OEC on a roadshow and wanted to share some of my takeaways from the meetings. As expected, I was most focused on where we were in the... login to read the rest
I used the following broad assumptions based on industry checks and they are very approximate:
1) Residual oil as a feed stock is only applicable in the rubber black process and 2 ton of feedstock will... login to read the rest
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