News from Notch Consulting, Inc.

October 26, 2009

Cabot Commissions Tianjin Plant

Filed under: Carbon Black — Notch @ 10:13 am

On Friday, Cabot officially announced the commissioning of 150,000 metric tons of manufacturing capacity at its carbon black facility in Tianjin, China, bringing the plant’s annual production capacity to nearly 300,000 metric tons. The manufacturing facility is a project of Cabot Chemical (Tianjin) Co., Ltd., an equity joint venture between Cabot (China) Limited, and Shanghai Coking Chemical Company, a member of the Huayi Group. Cabot and Shanghai Coking have been joint venture partners since 1988.

Here is the full announcement.

Bridgestone to Close Last Tire Plants in Australia, New Zealand

Filed under: General, Tires — Notch @ 10:07 am

Australia and New Zealand will lose their last tire manufacturing capacity based on Bridgestone Australia’s announcement on Friday that it plans to close its tire plants in Adelaide, Australia and Christchurch, New Zealand. Goodyear shut its tire plant in Somerton, Australia in June, leaving Bridgestone as the only producer in the region. Bridgestone Australia, a unit of Japan’s Bridgestone Corporation, said that, despite cost-cutting efforts, tire production at these plants was not viable because of international competitive forces. The closures will take effect at the New Zealand manufacturing plant by the end of 2009 and at the Australian facility no later than 30th April 2010. Bridgestone Australia will retain its headquarters in Adelaide, continuing its sales, distribution, retail and other business activities throughout Australia and New Zealand.

Here is the full announcement with additional details.

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