22 Apr 2024
Major players respond to developments in dynamic global market for rubber fillers, chemicals and additives
The drive to reduce CO2 emissions allied with growing demand in key markets is driving expansions and restructuring moves among producers of carbon black and other rubber additives.
Reflecting current capex trends, Tokai Carbon is planning to invest Yen57 billion (Ä353 million) in its carbon black business over the three years to end of 2026, as part of a strategy to strengthen the core business.
Under its T-2026 mid-term management plant, Tokai aims to further develop its carbon black into a “higher value-added business with expanded production capacity.”
Breaking down its investment plans, Tokai said it aimed to spend a total of Yen146-billion on its operations group-wide – Yen57-billion of which is earmarked for the carbon black business...
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