Cabot buys Showa Denko’s shares in Japanese carbon black JV

By David Shaw, ERJ staff

TOKYO — Cabot Corp. has announced that one of its wholly owned subsidiaries is to acquire all the outstanding shares in Showa Cabot K.K. from its partner, Showa Denko. Showa Cabot is a 50:50 joint venture between the two companies and makes carbon black at two plants in Japan with combined capacity of 150 kt/year.

In a statement, Cabot said, “Wholly-owned Cabot subsidiary, Cabot International Capital Corporation (CICC), has entered into an agreement with Showa Denko K.K. pursuant to which CICC…

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