News from Notch Consulting, Inc.

May 27, 2008

RPG Group to Invest $235 million in Carbon Black Expansions through 2010

Filed under: Carbon Black — Notch @ 11:06 am

According to its chairman, Rama Prasad Goenka, RPG Group (Kolkata) plans to invest Rs. 9,000 crore ($2.1 billion) in its power, tire and carbon black businesses over the next two years. Of this total, Rs. 6,000 crore ($1.4 billion) will be invested in the Calcutta Electric Supply Company, Rs. 2,000 crore ($470 million) will be invested in Ceat Tyres, and Rs. 1,000 crore ($235 million) will be invested in Phillips Carbon Black.

News article from DNA on the expansion announcement.

Phillip Carbon Black has three major expansions planned. In May 2008, Phillips Carbon Black signed an agreement with several Vietnamese companies to build Vietnam’s first carbon black plant. The plant is scheduled for startup in 2009. Phillips is also building a new plant at Mundhra, India, and expanding capacity at its plant in Cochin, India. Both of these projects are expected to be completed in 2009.

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2 Comments »

  1. […] Carbon Black Plans Expansions We have previously reported (here and here) on several major expansions in the works by India’s Phillips Carbon Black, […]

    Pingback by Philips Carbon Black Plans Expansions « News from Notch Consulting Group — August 5, 2008 @ 5:03 pm

  2. […] blog has previously reported on the Vietnam plant here, here, and […]

    Pingback by Phillips Carbon Black Defers Vietnam Project « News from Notch Consulting Group — June 4, 2009 @ 12:30 pm


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