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.
Cabot and Risun open new carbon black plant in China
| By Mary Page Bailey