Cabot close Hong Kong masterbatch plant

Cabot to close Hong Kong masterbatch plant

1:36 AM, 21st December 2011
Cabot to close Hong Kong masterbatch plant

BOSTON, US: Cabot Corporation is closing its Hong Kong masterbatch plant in March 2012 and moving the production to its new facility in Tianjin. All of Cabot’s masterbatch product made in China will be produced in Tianjin starting from April 2012.

“Our operations in Tianjin give us important competitive advantages. Moving all of our China masterbatch production to Tianjin maximizes these advantages. The move allows us to be closer to our customers, and to deliver high-quality, cost-competitive masterbatch, using the most advanced process technologies in the industry,” said Patrick Prevost, President and Chief Executive Officer, Cabot.

Cabot designed its Tianjin site to be the premier black masterbatch and carbon black manufacturing facility in Asia. The masterbatch and carbon black operations are fully integrated, which creates strong competitive advantages through integrated economics, increased scale, and world-class process technology.

Cabot produces masterbatch products for a broad range of uses in the plastics industry, such as key infrastructure and automotive applications. Typical end products include plastic mouldings, pipes, cable jacketing, film, and much more.

© WOC News



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