Cabot in Chinese fumed silica JV

By Patrick Raleigh, ERJ On-line news editor
Boston, Massachusetts/ Beijing-Cabot (China) Ltd, a Cabot Corp. subsidiary, is setting up a fumed silica manufacturing joint venture with Bluestar New Chemical Materials Co., Ltd, part of the China National Bluestar Group.
Cabot will own 90 percent and Bluestar 10 percent of shares in the JV, called Cabot Bluestar Chemical (Jiangxi) Company Ltd, according to a 2 Feb Cabot announcement.
The venture will invest around $30 million to build what Cabot claims will be China’s first “world class,…

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