US Cabot breaks ground on China carbon black joint-venture plant
17 April 2012 17:57 [Source: ICIS news]
HOUSTON (ICIS)--Cabot has broken ground on a 130,000 tonne/year carbon black joint-venture plant in ?xml:namespace>Xingtai, China, the US-based producer said on Tuesday.
Cabot expects to start up the plant by mid-2013, it said.
The $140m (€106m) project, which was first announced in March 2011, is a 60:40 joint venture between Cabot and Chinese producer Risun Chemicals.
Xingtai is about 250 miles (400km) south of Beijing.
($1 = €0.76)By: Stefan Baumgarten+1 713 525 2653
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