Cabot Corp. (CBT) announced the commissioning of 150,000 metric tons of manufacturing capacity at its carbon black facility in Tianjin, China, thereby bringing the plant's annual production capacity to nearly 300,000 metric tons.
The state-of-the-art manufacturing facility is a project of Cabot Chemical Co. Ltd., an equity joint venture between Cabot (China) Ltd, and Shanghai Coking Chemical Co. Cabot and Shanghai Coking have been joint venture partners since 1988. Xinsheng Zhang, Vice President and General Manager of Cabot's Asia Pacific region said, "This project includes the latest technologies for energy recovery and flue gas de-sulphurization."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.