Cabot And Nexeo Expand Deal For Distribution In Canada
Zacks Investment Research | Jun 17, 2018 09:53PM ET
Cabot Corporation (NYSE:CBT) and Nexeo Solutions have expanded their agreement to distribute the former’s specialty carbon, fumed alumina, fumed silica, aerogel and dispersion product lines in Canada.
Cabot stated that working with Nexeo Solutions for distributing its high-value products has proved to be beneficial for customers. The company is pleased to expand the partnership and believes that working with Nexeo Solutions will help to deliver meaningful benefits to its customers in Canada.
Over the last eight months, Nexeo Solutions’ superior supply chain service and technical sales expertise have complemented Cabot’s high-quality products across industries. Customers are likely to benefit from a committed team that delivers the right solutions for their business needs by leveraging its strong distribution network, commercial and market expertise.
Cabot’s shares have gained 7.9% over the past three months, outperforming the
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