Baosteel, Dazhou Iron&Steel put 40,000t/y carbon black project into operation in Sichuan
Dazhou Iron & Steel Group and Baoshan Iron & Steel (Baosteel) recently put their first carbon black production line into trial operation in a chemical industrial park in Dazhou city ofSichuanprovince,Southwest China.
The production line, with a designed annual output capacity of 40,000 metric tons of hard carbon black, is expected to generate over 200 million yuan in sales revenue.
The carbon black project is to be undertaken by Dazhou Baohua Carbon Black Co. Ltd, which is indirectly controlled by Baosteel and Dazhou Iron & Steel Group.
Founded in December 2010, Dazhou Baohua Carbon Black Co. Ltd has a registered capital of 40 million yuan. The company is mulling over setting up the second production line of carbon black, said Yang Chenghai, general manager of the company.
Hard carbon black is essential in making tires that could tolerate high pressure, according to Yang.
(Contributed by Olivia, Olivia@tireworld.com.cn)
Related Article
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
