Koppers Closes Carbon Black

Koppers Holdings says it will close its carbon black manufacturing facility at Kurnell, Australia. The decision was made in response to deteriorating operating conditions including raw material availability and cost competition in export markets due to the strength of the Australian dollar, the company says. Manufacturing operations ceased the week of December 5 and the facility will transition to closure over the next four months. Koppers says it will continue to maintain a presence in Australia through its tar distillation facility as well as its business...

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