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Jiangxi Black Cat Carbon Black Co. Ltd. is investing Yuan50 million (€6 million) to upgrade feedstock processing at its Jining carbon black plant in eastern China. The project, carried out by its wholly owned subsidiary Jining Black Cat Carbon Black Co. Ltd, aims to reduce production costs and improve resource utilisation. The upgraded unit will have a capacity to process 50ktpa of feedstock, producing “carbon-based feedstock” for the company’s existing carbon black production lines. The technology is expected to offer high process safety, high equipment utilisation, and stable product quality, while generating higher added-value products. The project is expected to take one year to complete and will be funded through internal and self-raised funds. The upgrade is part of the company’s efforts to strengthen its production base, reduce carbon black production costs, and promote a circular economy.
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Source: European Rubber Journal — Global Tire News (EN) (european-rubber-journal.com)