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Cabot Corp. to close its Hong Kong masterbatch plant on March 31, 2012

December 22/2011

(BUSINESS WIRE) -- Cabot Corp. is closing its Hong Kong masterbatch plant on March 31, 2012, and moving the production to its new facility in Tianjin, company officials announced today. Starting in April 2012, all of Cabots masterbatch product made in China will be produced in Tianjin.

Cabots Tianjin masterbatch plant, which opened in September 2011, has a current capacity of 45KMT, which is large enough to supply the current demand of the plastics industry in Asia, as well as its expected near-term future growth.

Cabot designed its Tianjin site to be the premier black masterbatch and carbon black manufacturing facility in Asia. The masterbatch and carbon black operations are fully integrated, which creates strong competitive advantages through integrated economics, increased scale, and world-class process technology.

Cabot produces masterbatch products for a broad range of uses in the plastics industry, such as key infrastructure and automotive applications. Typical end products include plastic moldings, pipes, cable jacketing, film, and much more. Cabots masterbatch is a performance material comprised of a polymer and carbon black mixture for use in a wide range of thermoplastic applications.

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