Cabot to Meet Tyre Makers' Needs with 20% Expansion in Indonesia
PT Cabot Indonesia is investing US$10 million to increase the capacity of its plant in Merak, Banten, by 20 per cent. According to Dave Miller, executive vice president and general manager of Core Segment at Cabot, the expansion should be completed by the middle of next year and give the plant an annual capacity of 160,000 tons – a quantity needed should the plant continue to meet growing demand from the Indonesian tyre industry. Miller believes carbon black demand in Indonesia will reach 200,000 tons next year.
“The additional capacity proves Cabot Indonesia’s long-term commitment to meet demand from Indonesia and Asean,” said Miller in a press statement. He added that Cabot also planned to expand its plant in Cilegon, Banten, by acquiring a three hectare area around the site.