For the second quarter of fiscal 2010, net income attributable to Cabot Corp. was $43 million ($0.66 per diluted common share). The company reported net sales of $712 million, compared to $470 million in the same quarter last year. Adjusted EPS was income of $0.79 per common share, excluding $0.13 per common share of certain items related to restructuring charges. These amounts included $14 million ($0.21 per diluted common share) of discrete tax benefits primarily associated with audit settlements during the quarter. The company said second quarter fiscal 2010 profitability in the rubber blacks business increased by $56 million when compared to the same quarter of fiscal 2009. Volumes increased by 28 percent globally, driven by improved demand in the tire and automotive markets. Cabot is a leader in performance materials and advanced particle science. The company develops products for use, including the automotive sector.

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