CLEVELAND—Peter Donnelly, the new president of Cancarb, was appointed to the post at the time the company began a 20 percent expansion of production capacity at its thermal carbon black manufacturing plant in Medicine Hat, Alberta.
Boston, Massachusetts – Cabot Corp. has posted a 4.8% decline in earnings for its reinforcement materials segment for the financial year ended 30 Sept, due mainly to the challenging Chinese business environment.
Earnings for the segment, which supplies rubber and speciality carbon blacks for the rubber and plastics industries, fell to $266 million (€240 million) during the 12-month period, on 22.5% higher sales of $1.8 billion, Cabot reported 5 Nov.
HOUSTON—Orion Engineered Carbons will debut a novel surface-modified carbon blacks for rubber applications at the International Elastomer Conference in Cleveland on Oct. 9.
HOUSTON—Orion Engineered Carbons has made changes to the roles of three members of its executive management team.
London – There are major technical challenges to overcome before recycled carbon black (rCB) can be used as an effective alternative filler in tire compounds, believes Bart Kalkstein, president, reinforcement materials at Cabot Corp.
It is important to consider all available opportunities for tire recycling, Kalkstein set out in a Q&A interview for a new ERJ Special Report on Sustainability.*
A manufacturer of natural gas-based carbon black, Monolith Materials has named Chris Cornille as its chief commercial and supply chain officer. Cornille has more than 33 years of experience in the specialty chemicals industry, including his most recent role as senior vice president of supply chain services for SI Group. He has also worked in various leadership positions in sales, marketing and general management at Cabot Corporation.
Seregno, Italy – Indian tire maker Blakrishna Industries Ltd (BKT) has started production at its carbon black manufacturing facility in Bhuj, India, and is planning further expansions at the site.
Located within the company’s Bhuj tire production site in the state of Gujarat, the plant currently produces 80 kilotonnes per annum (ktpa) of hard grade carbon black.
The Carbon Black World Data Book 2019 provides an up-to-date overview of the $17 billion global markets for carbon black, a reinforcing filler and pigment used mainly in the rubber, plastics, paint, and ink industries. The report provides detailed coverage for 26 leading countries, as well as demand for 16 smaller national markets.
HOUSTON—Citing a challenging macroeconomic environment, particularly in the automotive markets, Orion Engineered Carbons has revised it full year earnings forecast, lowering its anticipated earnings.
President & CEO of Carbon Black Inc (30-Year Financial, Insider Trades) Patrick Morley (insider trades) sold 79,380 shares of CBLK on 07/26/2019 at an average price of $19 a share. The total sale was $1.5 million.
Carbon Black Inc has a market cap of $1.36 billion; its shares were traded at around $19.00 with and P/S ratio of 5.31.