15 September 2003 12:06 [Source: ICIS news]
LONDON (CNI)--Degussa plans to expand its carbon black production capacity at the Quingdao Degussa Chemical Company (QDCC) site in Qingdao, China.
In a statement received Monday, Degussa said it intends to add more than 20 000 tonne/year of extra carbon black capacity to QDCC’s existing 50 000 tonne/year plant. Further details on schedule and capital investment were not given, and no one was immediately available at the company to comment.
The German specialty chemical producer said in the statement it was also exploring additional growth options at other locations in China.
Degussa’s head of advanced fillers & pigments business unit, Robert Wissner, said: “Demand is booming for this kind of high quality rubber black QDCC has been producing since the start-up of the company.”
According to Degussa, China has become the largest market for truck tyres and the third-largest for all kinds of tyres following the move into the country by global car and tyre manufacturers.
QDCC is a joint venture owned by Degussa and Zhenya Carbon Black Company and DEG (Deutsche Investitions-und Entwicklungsgesellschaft).
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