Tianjin, China -- Cabot Corp. has said it will build a new specialty
carbon black unit at its plant in the Tianjin Economic and Technological
Development Area (TEDA). Cabot Performance Products (Tianjin) Company, Ltd, a joint venture with Shanghai Coking Chemical Company will invest nearly US$30 million to build the special blacks unit that will have an annual nameplate capacity of approximately 20 000 tonnes. The unit is
scheduled to begin production in the second half of 2006.
At the official press conference in Tianjin, Sean Keohane, vice
president and general manager, performance products business group at Cabot said, "With the rapidly growing market in China and the Asia Pacific region, local manufacturing facilities that produce high quality performance products are in great demand. This joint venture is a continuation of our long-term commitment to China and to our partners, further strengthening Cabot's position as a global leader in the production of carbon black."
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Press releasefrom Cabot