*NEWS*ROMANIA:NEW $100M CARTRIDGE PLANT

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*NEWS*ROMANIA:NEW $100M CARTRIDGE PLANT

 user 2006-06-16 at 4:37:00 pm Views: 59
  • #15801

    Cabot Corp. reportedly to build $100M plant in Romania
    Cabot
    Corp. reportedly plans to build a $100 million plant in Romania to
    produce carbon black, a substance used in printer ink cartridges,
    pigment, paint and rubber goods.The Boston company has given no time
    line for the plant’s construction, according to a report in the
    Romanian newspaper Ziarul Financiar, which attributed the information
    to a senior government official. Cabot Corp. could not be reached
    immediately by the Boston Business Journal.In the past few years, Cabot
    has built large carbon-black factories in China and Brazil, and has
    closed one in Australia. The company sold $1.5 billion in carbon black
    in its most recent fiscal year, approximately 70 percent of its total
    revenue.Cabot  currently has only one facility in the Eastern Europe,
    located in the Czech Republic.