Nexeo Solutions Expands Distribution Agreement with Cabot Corporation, Now Covering Canada, North, Northeast, West Coast and Southwest U.S.
THE WOODLANDS, Texas, Dec. 05, 2018 (GLOBE NEWSWIRE) — Nexeo Solutions, Inc. (NASDAQ:NXEO) and Cabot Corporation (NYSE: CBT) have expanded their agreement to distribute Cabot’s specialty carbon, fumed silica, fumed alumina, dispersion, and aerogel product lines into the west coast and southwest United States.
Cabot operates 45 manufacturing facilities in 21 countries around the world. It is a technology and innovation leader whose specialty chemical and performance material product lines are used in a wide variety of applications in the consumer, environment, infrastructure and transportation industries. Nexeo Solutions has successfully leveraged their technical sales expertise and network capabilities to provide complete distribution of Cabot products to customers in Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, New York, New Jersey, North Dakota, Ohio, Pennsylvania, South Dakota, West Virginia and Wisconsin since October 2017, and most recently in Canada since June 2018.
“We are pleased with the exceptional value our partnership with Nexeo Solutions continues to deliver to customers,” said Bill Masterson, Cabot North American Commercial Director, Performance Chemicals segment. “Expanding our distribution agreement reinforces our shared commitment to help customers advance and innovate products with high-quality ingredients capable of solving problems for tomorrow.”
“We are excited about once again expanding our specialty chemical portfolio in the U.S. with Cabot’s product line,” said Joey Gullion, Vice President, Chemical Specialties at Nexeo Solutions. “In the past year, customers in the north and northeastern U.S., as well as Canada, have benefited from the complement of Nexeo Solutions’ technical sales expertise and market-leading supply chain with Cabot’s high-quality products across a variety of markets. Together, we are expanding and leveraging the strength of our distribution network to create real solutions for the needs of our customers in the west coast and southwest U.S.”
About Nexeo Solutions, Inc.
Nexeo Solutions is a leading global chemicals and plastics distributor, representing products from world-class producers to a diverse customer base. From product specification to sustainable solutions, the Company goes beyond traditional logistics to provide value-added services across many industries, including chemicals manufacturing, oil and gas, coatings, personal care, healthcare, automotive and 3D printing. The Company leverages a centralized technology platform to identify efficiencies and create solutions to unlock value for suppliers and customers. Learn more at www.nexeosolutions.com.
About Cabot Corporation
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company, headquartered in Boston, Massachusetts. The company is a leading provider of rubber and specialty carbons, activated carbon, inkjet colorants, cesium formate drilling fluids, masterbatches and conductive compounds, fumed silica and aerogel. For more information on Cabot, please visit the company’s website at: http://www.cabotcorp.com.
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