Cabot opens carbon black plant in China

Cabot Corp., the largest producer of carbon black, a reinforcing and pigmenting agent used in tires, inks, cables and coatings, said Friday its new plant in China has begun operating.

The plant, in Tianjin, China, is a joint venture between Cabot's subsidiary Cabot(China) Ltd. and Shanghai Coking Chemical Co.

The subsidiary invested about $60 million to build the plant, which has an annual capacity of 105,000 metric tons of carbon black. Cabot Corp. is based in Boston. (AP)