Chinese carbon black producer CSRC to double size of plant

Beijing–Carbon black producer CSRC China Corp., a subsidiary of Taiwan’s China Synthetic Rubber Corp., is planning to modernise and double the size of its plant in Maanshan City, China, with the help of equity and debt financing from a unit of the World Bank.

CSRC China said the project, valued at $27 million, would make it the largest producer of carbon black in China, with 125 000 tonnes of annual capacity. The project will involve debottlenecking the existing facilities, adding a production line and building…