News from Notch Consulting, Inc.

July 15, 2016

Tokai Carbon to restructure Tianjin plant

Filed under: Carbon Black — Notch @ 7:00 am

Earlier this month, Tokai Carbon announced a restructuring plan for its Chinese carbon black business, Tokai Carbon (Tianjin) Co., Ltd. The plant will remove one production line, reducing capacity from 110,000 tons to 70,000 tons. Some of the related facilities to the production line will also be optimized for less energy operation. In addition, remaining production at the plant will focus more on special carbon black products, which are high value added products. These changes are expected to be completed by the end of 2016.

The restructuring plan was approved at a Board of Directors meeting on June 23, 2016.

Here is the press release.

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