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People & Business :: Companies
Cabot completes construction of carbon black JV plant in China
6:25 AM MDT | September 9, 2013 | Francinia Protti-Alvarez
Construction of a carbon black plant by a joint venture between Cabot and Risun Chemical at Xingtai, China has been completed, the companies announced. Risun Chemical is a wholly owned subsidiary of Risun Coal Chemicals Group (Beijing). 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 facility in April 2012. The site's phase-one manufacturing capacity is for 130,000 m.t./year of carbon black. Cabot's overall carbon black manufacturing capacity in China increases...
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