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Cabot Forms Silica JV with Bluestar in China

11:15 AM MDT | May 27, 2008 | Chemical Week Editorial Staff

Prevost: Building on earlier success. Cabot says it has signed an agreement to form a joint venture with China National Bluestar Group (Beijing) for the construction of a 7,000-m.t./year fumed silica plant at Tianjin, China. The jv, Cabot Bluestar Chemical (Tianjin), will invest approximately $40 million to build the facility, which will be commissioned in early 2010, the jv says. It will be Cabot’s second investment with Bluestar. The first, a 90-10 jv between Cabot and Bluestar New Chemical Materials (Wuxi, China), was formed in 2004 for construction of a...

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