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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.
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