Carbon Black Expansion of Carbon Black Manufacturing
Cabot plans to invest more than US$180 million, increasing its carbon black capacity in in China, Indonesia, Brazil and Argentina by the end of 2013, as well as adding capacity at three facilities in Europe.
Boston/USA - Cabot recently announced plans to invest in plants in China, Indonesia, Brazil and Argentina by the end of 2013, as well as adding capacity at three facilities in Europe. The expansions will increase Cabot’s annual global carbon black output by about 15 percent, or more than 300,000 metric tons. Carbon black is an intensely black material, used as a reinforcing agent in rubber as well as a pigmenting, UV stabilizing and conductive additive in a variety of other products.
These investments shall support Cabot’s strategy to grow in emerging markets, as Patrick Prevost, Cabot president and chief executive officer said: “We already have a strong presence in many of the fastest growing regions in the world. These investments will further accelerate our growth.”
Expansion and Debottlenecking
Investments in South America, specifically in Brazil and Argentina, will increase Cabot’s capacity in that region by approximately 20 percent. In Indonesia, Cabot is increasing capacity by about 50 percent, through a newly announced expansion project in Cilegon, and a previously announced expansion in Merak. Cabot also prepares debottlenecking for three of it’s european facilities, expanding production capacities by 10 percent. In China, Cabot has recently announced it has entered into a joint venture with Risun Chemicals Company, to construct a state-of-the-art carbon black facility in Xingtai. The new facility will expand Cabot’s capacity in China by approximately 25 percent, with 130,000 metric tons and the potential for expansion to 300,000 metric tons.