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Cabot Corporation to expand global carbon black capacity by over 300,000 metric tons

Wednesday, May 23, 2018
Boston, MA - Cabot Corporation announced the addition of significant capacity to its worldwide network of carbon black plants. Through the combination of a plant expansion, operational improvements and debottlenecking projects, Cabot is expanding its global capacity by over 300,000 metric tons. Bart Kalkstein, senior vice president and president, Reinforcement Materials, said, “This program will allow Cabot to continue to serve the growing needs of our customers worldwide with our industry-leading carbon black products. With our plants operating at high utilization levels, these investments will enable us to maintain our position as a leader in the carbon black industry and to offer our customers the security of reliable supply and availability of premium products that they have come to expect from Cabot.” Cabot will add approximately 160,000 metric tons of capacity through an expansion at its facility in Cilegon, Indonesia. The new capacity will serve the increasing carbon black demand in Southeast Asia, which is growing at four to five percent per year. Cabot anticipates that product from this expansion will be available for sale starting in late 2020 or early 2021. Jeff Zhu, president, Asia Pacific region, said, “Our tire and industrial rubber customers are making significant investments in Southeast Asia, and as their preferred partner, they are looking to us to provide the raw materials for their new investments. We appreciate the support of the Indonesian government who have been great partners since we began operations in 1988. This capacity expansion clearly demonstrates our ongoing commitment to delivering high quality products and services from local supply sources.” “Cabot has a long-standing presence in Indonesia and we are excited to see them expand their footprint here through an investment with their newest technology and continue to contribute to the country’s growing economy,” said Tom Lembong, chairman of the Indonesia Investment Coordinating Board. “Cabot’s commitment is a great testament to the company’s long-term success in Indonesia, and the Government of Indonesia will support the realization of this project.” In addition to the expansion at Cilegon, Cabot is investing approximately $50 million in debottlenecking projects and operational improvements across 18 of its carbon black facilities. This program will provide an additional 150,000 metric tons of increased carbon black capacity which will be available for tire, industrial rubber and specialty carbon customers. To date, Cabot has completed approximately one-third of this capacity expansion, with full completion expected by 2021. These investments will increase Cabot’s global carbon black capacity to approximately 2.5 million metric tons. Sean Keohane, president and chief executive officer, added, “Part of our corporate strategy is to invest for growth in our core businesses. These actions clearly showcase our commitment to be the partner of choice for our customers, not only for today, but into the future. Adding this new capital efficient capacity will provide a lever for growth for our Reinforcement Materials and Performance Chemicals segments and contribute to the execution of our corporate financial and strategic objectives.” - * Email


The Month in Review - Past 30 Days

Tuesday, June 19, 2018
Zeon announces global price increase for thermoplastic elastomer and hydrocarbon resin
Global chlorinated polyethylene market forecast to reach $890 million by 2025
Rubber additives processor PPS/Chempac acquired by Connecticut-based Rose Mill Company
Goodyear announces retirement of Laura Thompson, chief financial officer
Kraiburg TPE responds to increasing demand for flame-retardant thermoplastic elastomers

Monday, June 18, 2018
Technobiz announces USA Rubber Training Week 2018 - 5th Edition
Trelleborg keeps robots on the move
Momentive launches next generation of thermally resistant silicone PSA
Myers Industries announces quarterly dividend
Albemarle to attend Citi's Chemical Conference in London

Friday, June 15, 2018
Dow Performance Silicones adds two RTV silicone adhesives to the Dowsil line
Clariant completes Phase 3 of the EU regulation REACH
Book of the Day - Rubber Extrusion Technology Short Course Notes
Continental unveils Port Plus compound for V.ply tires
Cabot increases prices on carbon black for the EMEA region
Kraton announces price increase for all Kraton HSBC polymers

Thursday, June 14, 2018
BASF invests in carbon recycling company LanzaTech
Arkema completes its third registration phase under REACH
DuPont to showcase Vamac ethylene acrylic elastomers at DKT 2018
China approves TSR 20 rubber futures on Shanghai futures exchange
Covestro LLC celebrates startup of thermoplastic polyurethane expansion in New Martinsville, WV
Hankook Tire partners with Arlanxeo to develop high-performance synthetic rubber grades and applications

Wednesday, June 13, 2018
Global silicone adhesives and sealants market projected to reach $6 billion by 2022
Sears expands list of stores to service tires purchased on Amazon
BFGoodrich hires Salesforce for digital marketing services
Hankook presents all-weather tire Kinergy 4S˛
Asia's largest rubber expo to be held in Mumbai next year
Nitrile butadiene rubber powder market forecast to reach $600 million by 2024

Tuesday, June 12, 2018
Huntsman Tecnoelastomeri unveiled new hot-cast elastomer machines at Utech
Toledo Molding & Die plants to remain open after acquisition by Grammer AG
Plastikos announced the construction of a new medical molding facility
Falken Tyre to launch all season tire for vans and light trucks
Global market for liquid silicone rubber forecast at $ 7.9 billion by 2026

Monday, June 11, 2018
Toyo Tire & Rubber develops technology for the simulation of tire aerodynamics
Continental Trackman XP rubber track has been awarded the German Innovation Award
NuSil expert to speak at the 2018 Silicone Elastomers U.S. Summit
Orion is increasing prices for all rubber carbon black grades sold in the EMEA region
Regional tire manufacturing associations convene in Washington, D.C.
Desma USA integrates process automation with robotic systems for injection molding machinery

Friday, June 08, 2018
Arkansas tire cord manufacturers request exemption from steel tariffs
Engel to demonstrate three applications in elastomer processing at the German Rubber Conference in Nuremberg
Smithers Rapra expert to share medical elastomers knowledge at U.S. summit
AAA study reveals worn tires put drivers at risk
Book of the Day: USA Rubber & Tire Industry Patents 2015-2017
Nokian Tyres breaks ground on test center in Spain

Thursday, June 07, 2018
Goodyear blimps to provide aerial coverage of NBA finals in Cleveland and Oakland
Liberia opens first wholly-owned rubber processing plant
Kuraray raises prices on elastomers for all regions
Saint-Gobain Seals begins production of Rulon 123 stamped fluoropolymer parts at its Bangalore, India, facility
Denka develops high-performance elastomer Evolmer as an alternative to hydrogenated nitrile rubber
International Institute of Synthetic Rubber Producers elects Kuraray's Brian Chapman as President International

Wednesday, June 06, 2018
BASF to increase prices for certain polyalcohols, diols and derivatives in North America
PolyOne Corporation announced the acquisition of PlastiComp
Lewis-Goetz, EVCO House of Hose and Valley Rubber & Gasket rebranded as Eriks
Maplan exhibits rubber injection molding combined with robotics and automation at Days of Technology N.A.
Global market for synthetic rubber forecast to reach $45 billion by 2023
Worldwide styrenic block copolymers demand expected to grow 3.9 percent annually through 2022

Tuesday, June 05, 2018
Sun Tyre & Wheel Systems acquires STARCO Lanka Private Limited
Carnegie Mellon University researchers develop a new approach to optimize thermoplastic 3D printing
BFGoodrich introduces its next-generation off-road tire, the Mud-Terrain T/A KM3
Michelin targets 2048 for tires to be made with 80% sustainable materials with 100% recyclability
Bayer to complete acquisition of Monsanto, eliminate brand name
Bridgestone HosePower acquires hydraulic and industrial hose distributor Industrial Rubber Co.

Monday, June 04, 2018
Goodyear expands mobility work with leading research center
AkzoNobel sells Specialty Chemicals business to The Carlyle Group and GIC for €10.1 billion
Global rubber processing chemicals market forecast to reach $7 billion by 2026
USTMA releases statement on Trump administration decision to impose tariffs on steel and aluminum
Michelin completes acquisition of Fenner PLC
Cooper Tire unveils the Discoverer AT3 family of tires

Friday, June 01, 2018
Nordson Asymtek receives Innovation and Vision awards at Nepcon China
TARRC and Rubber Consultants announce Open Day on Wednesday, July 18
Green, low rolling resistance tires market is projected to reach $104.23 billion by 2022
Specialty Silicone Products supplies a nickel-aluminum silicone that provides EMI shielding, resists galvanic corrosion
Hyundai to invest $388 million to build a plant in Alabama
Book of the Day: Rubber & Tire Technology, Volume 1

Thursday, May 31, 2018
Continental celebrated one million tires measured with its Bluetooth-enabled digital inspection tool, ContiTrack2
Cooper Tire awards annual Roy V. Armes and Centennial scholarships
Arlanxeo's Keltan business hosts successful 2018 Innovation Challenge
Elastomers World Summits abstract deadline is tomorrow
Global high-temperature elastomers market forecast to reach $14.9 billion by 2023
Goodyear engages workforce through annual Global Week of Volunteering

Wednesday, May 30, 2018
Global butyl rubber market forecast to reach $4.2 billion by 2025
Huntsman to build a new polyurethanes systems house in Dubai
Continental Tire the Americas recalls 655 Conti Hybrid HS3 tires
Industrial rubber market projected to grow at a CAGR of 4.6 percent through 2022
Swiss researchers develop elastic fiber filled with electrodes set to revolutionize smart clothes

Tuesday, May 29, 2018
U.S. Naval Research Laboratory has developed and patented a transparent thermoplastic elastomer armor
Mitsui Chemicals increases market development efforts for metallocene-based EPDM
Coloplast U.S. launches silicone wound dressing for the health industry
Lubrizol held a ribbon-cutting ceremony to celebrate the start-up of its TPU capacity expansion in Avon Lake, Ohio
BASF is exhibiting at UTECH Europe 2018
Grammer AG acquires Toledo Molding & Die Inc.

Monday, May 28, 2018
Higher oil prices boost natural rubber in India
Ford restarted production of F-150 after fire destroyed supplier facility
Ashland to increase the price of maleic anhydride sold in North America
Elastomix to increase carbon masterbatch production in China
Bridgestone combines rubber and resin to create a high strength rubber

Friday, May 25, 2018
Sea-Land Chemical and Chevron Phillips expand distribution relationship to include normal alpha olefins
Global polyurethane trends and innovations to be unveiled at UTECH Europe
Goodyear recognized by Subaru with the Excellent Performance Award
Book of the day: Thermoplastic Elastomers
Bio-based polymers production capacity forecast to grow at 4 percent annually

Thursday, May 24, 2018
International Rubber Conference 2019 announces call for papers
Global demand for industrial rubber products is forecast to climb 6 percent through 2021
SPE Extrusion Minitec to be held Thursday, June 14, in Detroit, MI
Dow Polyurethanes opens a systems house in the state of Maharashtra in India
Smithers expands testing for rubber infill material commonly used in artificial turf

Wednesday, May 23, 2018
Cabot Corporation to expand global carbon black capacity by over 300,000 metric tons
Denka develops elastomer for sealing and fiber processing
Global aircraft tire market forecast to expand at a CAGR of 4 percent through 2026
Goodyear is encouraging drivers to check their tires during National Tire Safety Week
USTMA, legislators urge Ohio House to pass unsafe used tire bill

Tuesday, May 22, 2018
Global butyl rubber market is forecast to grow at a 4.7 percent CAGR through 2025
Cooper kicks off National Tire Safety Week with Tread Wisely campaign for teens
Carnegie Mellon researchers develop electrical conducting, elastomer based self-healing material
USTMA: #KnowYourRoll is the National Tire Safety Week theme
Kuraray America's Pasadena, TX, facility fire sends 21 employees to hospital

Monday, May 21, 2018
Global polyols market forecast to reach $34 billion by 2022
Redwood Plastics and Rubber appoints Angela Rodenburgh vice president of sales and marketing
GRI served as silver sponsor of the World Rubber Summit 2018
Denka to increase chloroprene rubber production by 10,000 tons
Toyo Tire to launch premium tire for SUVs




Todays Headlines



VMI Group



Featured Website

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Goldsmith & Eggleton Incorporated, an employee- owned company, is engaged in the manufacture and distribution of rubber raw materials. Since our founding in 1968 our mission is to provide customers with consistent quality polymers that adhere to specification and provide economic value. G&E's Reliable Polymer Alternatives are used by original equipment manufacturers in a variety of diverse applications. G&E's quality system is registered to ISO 9001: 2000. We supply customers throughout the world from our Processing facility in Wadsworth Ohio. G&E provides the experience of seasoned industry professionals and the commitment of employee owners to continuous improvement.


 
 
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