No Carbon Black, no road traffic: A large amount of Carbon Black is needed for tire manufacturing. In a variety of other rubber goods, it serves mainly as a filler. Carbon black is used as a pigment for plastics, paints…
Tag: carbon black
Evonik flushed with funds after divestment
THE successful divestment of its carbon black business means that Germany-based chemicals company Evonik has added on EUR900 million to its coffers. The new owners are investors Rhône Capital and Triton Partners and the business has been renamed as Orion…
Evonik sells carbon black and plans for IPO
GERMAN chemicals conglomerate Evonik will sell its carbon black unit to US financial investor Rhone Capital, in line with its step to ready itself for a public flotation within the next 15 months. The transaction is valued at over US$1.3…
Chinese carbon black plant for Cabot
The company said the investment builds on its strong position in China, where demand for carbon black continues to grow.