Cabot and Risun open new carbon black plant in China
Mary Page Bailey
Cabot Corporation (Boston, Mass.; www.cabot-corp.com) and joint venture partner Risun Group announced the completion and commissioning of their new carbon black manufacturing facility in Xingtai, Hebei Province, China. Cabot and Risun invested approximately $140 million in the new facility, with Cabot owning a 60% equity interest. Cabot and Risun broke ground on the new facility in April 2012. The site’s Phase I manufacturing capacity will be 130,000 metric tons per year (m.t./yr) of carbon black. As a result, Cabot’s overall carbon black manufacturing capacity in China increases by 25%. The new plant also employs advanced emissions control and energy efficiency technology to minimize environmental impact and simultaneously reduce energy consumption.