Zaozhuang, Shandong – South Korean chemicals company OCI has started an 80 kilotonne per annum (kpta) carbon black facility in China, according to South Korean press.
The company’s Chinese joint venture, Shandong OCI Jianyang Carbon Black Co, started production to mainly supply to the tire market, said a Korea Herald report 8 Sept.
OCI owns 51 percent of shares in the joint-venture with Shandong Energy Zaozhuang Mining Group which was set up in 2013.
In 2015, China Rubber Industry Association (CRIA) announced that the $200-million project would be completed in two phases.
The first phase, said CRIA, involves an investment of $98 million in three production lines, including two 40ktpa “hard production lines” and one 40ktpa “soft production line”, bringing the total capacity of 120ktpa.