MOSCOW (MRC) -- Cabot Corporation has announced a planned investment in new capacity to enhance its production capabilities for plastic formulations specifically for conductive compounds and masterbatches for engineering thermoplastic applications, as per Plastemart.
The strategic investment at its manufacturing facility in Pepinster, Belgium will support continued growth of Cabot’s Specialty Compounds business which aligns with Cabot’s broader strategy to drive application innovation and develop in the area of formulation solutions.
"This future investment will position Cabot to better serve our customers with new conductive solutions and masterbatch formulations, while at the same time increasing our ability to meet the needs of engineering thermoplastic segments. We expect recent growth trends to continue, especially in automotive applications, given macro trends such as light-weighting and the need for our customers to innovate in ways that reduce overall cost," said Aaron Johnson, vice president for specialty compounds, EMEA and Americas. "The investment clearly demonstrates our commitment to our Specialty Compounds business and our willingness to invest to further serve evolving customer needs."
Cabot has been formulating and selling conductive compounds for more than 30 years, and is a leader in the development and manufacture of products for use in applications including transportation, industrial packaging, electronic and electrical, and industrial safety.
This planned investment will further strengthen Cabot’s commercial delivery capabilities and enable the company to expand into additional applications. "Cabot is the only global integrated carbon black and black masterbatch producer. As such, we are uniquely positioned to engage with our customers to understand their specific requirements and deliver formulated solutions to meet their needs," added Johnson.
We remind that, as MRC informed before, Borealis (Vienna), a leading producer of polyolefins, said in September 2016 that it plans to study the feasibility of a new, world-scale propane dehydrogenation (PDH) plant at its existing production site at Kallo, Belgium. The study will be carried out over the next nine months with the final investment decision expected in the third quarter of 2018. Potential start-up is scheduled for the second half of 2021.
Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities and 28 sales offices.