Cabot and joint venture partner Risun Chemicals broke ground on a new carbon
black manufacturing facility in Xingtai, China. The new plant will have a Phase
I manufacturing capacity of 130,000 tpy of carbon black, and will enable Cabot
to increase its carbon black output in China by 25%.
Cabot Corp. and joint venture partner Risun Chemicals Co. broke ground
Tuesday on a new carbon black manufacturing facility in Xingtai, China.
The project, announced in March 2011, is scheduled to be completed in
mid-2013. Cabot and Risun are investing approximately USD140 million in the new
facility, they said, with Cabot owning a 60% equity interest.
In the partnership, Cabot says it brings technology advancements and a
leadership position in China while Risun provides the feedstock and energy
integration capabilities with its current operations.
The new facility, located about 250 miles (400 kilometers) south of Beijing
in Heibei Province, will help support tire and automotive growth in China,