Cabot China to build JV carbon black plant
Cabot (China) Ltd. has entered into a joint venture agreement with Risun Chemicals Company, Ltd. The wholly-owned Cabot Corporation subsidiary holds a 60 per cent equity interest in the joint venture, and on March 15 the two companies’ first shared undertaking was announced: Cabot and Risun are to erect a carbon black manufacturing facility in the Chinese city of Xingtai, some 250 miles south of Beijing. The plant is scheduled to be commissioned in early 2013 and will produce approximately 130,000 tonnes of carbon black annually with the potential for expansion to 300,000 tonnes. Advanced emissions control technology and energy recapture will be utilised at the new facility, Cabot notes.