Philips carbon gets tyre supply deal, expands capacity
Indian Carbon Black supplier, Phillips Carbon Black Ltd (PCBL) invests Rs 1000 million ($22 milion) to increase black capacity at Baroda, India to 88 000 tonne/year, from 18 ktpa and a further Rs 800 million to increase capacity at Durgapur to 150 ktpa, from 125 ktpa. The company has also signed a memorandum of Understanding with an unidentified tyre maker to suppply 25 kt per year.
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Telegraph (India) story
Business Standard (India) story
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