Cabot Corp. and joint venture partner Risun Chemicals Co.
broke ground Tuesday on a new carbon black manufacturing facility
in Xingtai, China.
The project, announced in March 2011, is
scheduled to be completed in mid-2013.
Cabot and Risun are investing approximately $140 million in
the new facility, they said, with Cabot owning a 60% equity
In the partnership, Cabot says it brings technology advancements and a
leadership position in China while Risun provides the feedstock and energy integration capabilities with its
The new facility, located about 250 miles (400 kilometers)
south of Beijing in Heibei Province, will help support tire and
automotive growth in China, officials said.
Carbon black is a reinforcing agent
essential in the manufacturing of tires. The material is also
used in many automotive parts, including adhesives and
sealants, battery materials, coatings, and more.
According to IHS Automotive, Chinas motor vehicle
fleet is expected to grow to approximately 315 million vehicles
over the next 10 years, up from 102 million vehicles today.
The new Xingtai facility will have a Phase I manufacturing
capacity of 130,000 tpy of carbon black, and will enable Cabot
to increase its carbon black manufacturing capacity in China by
25%, the company said.
The new site will employ technologies for production of
high-performance carbon black materials, environmental protection and
comprehensive utilization of energy recovery, officials
Were committed to supporting China in achieving
its goal of increased mobility, and were going to do it
in a highly sustainable way, said Patrick Prevost, Cabot
Our customers in China value us because weve
established our technology leadership position in
this industry over the past 20 years, he continued.
Were also investing significantly in process
equipment and infrastructure to increase our energy efficiency
and minimize our impact to the environment. Our new facility in
Xingtai demonstrates this commitment.