ERJ staff report (R&PN)
Akron, Ohio — A change in ownership of a carbon black company shows the increasing importance of Asia and, in particular, India, to the global rubber industry.
Aditya Birla Group’s agreement to buy Columbian Chemicals Co. will make a carbon black giant that much larger. The Indian company ranks as the world’s fourth-largest black producer, and Columbian is the third biggest.
The up-and-coming power in this supply field may not be done yet.
Evonik Industries A.G. has been shopping its carbon black business-the former Degussa…