Cabot Closes West Virginia Carbon Black Facility

Operations at Cabot Corporation’s carbon black facility in West Virginia, US, ended on the last day of March, the company reports. The upcoming closure of the Waverly plant was first announced in June 2007, at which time Cabot stated that changes in the tyre manufacturing industry were the predominant factor behind the decision. The company has engaged in significant restructuring measures in the past two years in response to diminishing tyre output and capacity in North America and expansions to facilities in China, the Asia Pacific region and South America.