ERJ staff report (DS)
New York — Asia Carbon Industries, Inc. has reported sales for the year ended December 31, 2010 up by 44 percent, at $29.7 million (euro 21.5 million), compared to $20,648,686 a year previously.
The increase in sales was largely attributed to sales of the Company’s first wet production product, N220-W, line, which commenced production on October 26, 2010. Sales of N220-W product were $4,297,037 for the quarter.
The increase in revenue was also impacted by an increase in the Company’s carbon black…