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Print Edition StoriesCabot Corp. (NYSE: CBT) said Tuesday that it has pledged $500,000 to support relief efforts in Japan.
The Boston-based company said it will donate $100,000 to Aizu-Wakamatsu City and the Fukushima Prefecture Social Welfare Division, at the request of Cabot’s employees in Japan. The company said it will also donate $400,000 to local organizations dedicated to providing relief or rebuilding communities after the earthquake and tsunami in the country.
The donations are being made by the Cabot Corporation Foundation Inc., which supports activities in communities where Cabot operates.
Cabot operates carbon black manufacturing facilities in Japan in Chiba and Shimonoseki, along with a tantalum powder facility in Aizu and a business office in Tokyo.
The company previously said its facilities in Japan have sustained “only minimal physical damage” as a result of the recent earthquake, though external disruptions could pose a problem for the company’s operations in the country.
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