07/30/2013

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CHINA: OCI forms joint venture with Zaokuang to build Chinese carbon black plant

The venture will build and operate an 80,000-t/y carbon black production unit in Zaozhuang, Shandong, China. Completion is expected by 2015. OCI's wholly-owned OCI China will hold a 51% interest in the joint venture and Zaokuang, which is part of Shandong Energy Group, will hold 49%.

Source: Weekly "PetroChemical News", Durham, NC, USA; 29 July 2013
(Syed Rashid Ali, Karachi, Pakistan)

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