Cabot Corp. Breaks Ground on Fumed Silica Facility in China
WUHAI, China/BOSTON - Cabot Corp. and joint venture partner Inner Mongolia Hengyecheng Silicone Co. Ltd. (HYC) broke ground on a new fumed silica manufacturing facility in Wuhai, China.
The project, announced in September 2016, is scheduled to be completed in 2019 and will further Cabot’s position as a leading producer of fumed silica. Cabot and HYC are investing approximately $60 million to build a world-class fumed silica manufacturing facility, with Cabot owning an 80% equity interest. In this mutually beneficial relationship, Cabot brings advanced fumed silica production technology and a strong leadership position in the rapidly growing region while HYC provides a long-term reliable source of feedstock.