20 May 2008
Boston, Massachusetts -- Cabot (China) Ltd., a subsidiary of Cabot Corp., has signed a joint venture agreement with the China National Bluestar Group to build a factory for fumed silica.
The new joint venture company Cabot Bluestar Chemical (Tianjin) Co. Ltd. will invest about $40 million in the Tianjin, China, plant, which will the have capacity to produce about 7000 metric tons per year.
The firms said they expect the facility will begin operations in 2010.
The companies already worked together on the construction of China's first state of the art fumed silica manufacturing facility in Jiangxi province in 2004.
From Rubber & Plastics News (A Crain publication)
Press release from Cabot
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