The 10th anniversary celebration of the commissioning of Cabot Xingtai Plant and the completion ceremony of the oxygen-rich project were successfully held

Cabot Xuyang Chemical (Xingtai) Co., Ltd. held a grand celebration of the 10th anniversary of production and the completion ceremony of the oxygen-rich project on October 31, celebrating the company's brilliant achievements and a new starting point for development.

Cabot Xuyang Chemical (Xingtai) Co., Ltd., founded in 2011, is a joint venture between Cabot and Xuyang Chemical Co., Ltd., with a total investment of 900 million yuan, was completed and put into production in 2013. The factory adopts Cabot's most advanced environmental protection facilities and high-end super wear-resistant carbon black product line, including China's first super wear-resistant carbon black production line, which has won a wide range of customers and industry recognition for its excellent product quality and excellent service.

Zhu er, Global Executive Vice President, member of Management Executive Committee, President of Global High performance Materials Business and President of Asia Pacific region of Cabot, Wang Weiyi, Global Vice President of Cabot, Managing Director and Director of functional reinforcement Materials in China, and Li Qinghua, CEO of Xuyang Group, attended this important event.

Zhu said in his speech: "the outstanding achievements of the Xingtai factory over the past decade have increased Cabot's annual production capacity of rubber carbon black in China by 25%, which is an important part of the company's successful development in China. Cabot has continuously expanded its industrial layout since it entered the Chinese market in 1988. So far, it has invested more than US $1 billion in China, with nine production plants, four sales representative offices and a technology center. China accounts for 27% of the global business, which has exceeded Cabot's total business in North America and become the largest single market in the world.

The completion of the oxygen enrichment project of the Xingtai plant will bring a 30 per cent increase in the production capacity of hard carbon black to the Xingtai plant, and the overall production capacity of the plant will reach 150000 tons per year, which is a new starting point for the Xingtai plant to move towards higher production capacity and higher efficiency. Will further consolidate Cabot's leading position in the global market. "

Wang Weicheng also said: "Xingtai factory has been at the forefront of technology, constantly optimizing the product structure, and the product variety has been upgraded from the initial 5 to 14, which has not only won the trust of China's rubber tire industry." it is also favored by customers in Europe, Southeast Asia and many other countries. This year, Cabot launched a new carbon black product for tire tread design for high-performance passenger cars and electric vehicles: PROPEL ®E8, which has contributed to the development of the tire industry. "

In addition, the Xingtai plant has also introduced Cabot's most advanced environmental protection facilities, set up a waste energy utilization and energy conservation and environmental protection center, and cooperated with Xuyang Group to achieve efficient energy saving, emission reduction and comprehensive utilization of energy. The deep environmental protection upgrading project of Xingtai plant has further moved it from 'ultra-low emission' to 'ultra-low emission', which has set a new benchmark for the sustainable development of the industry.

In his speech, Li Qinghua pointed out: "the ten years since Cabot Xuyang was put into production has been a decade in which strong forces unite, advantages arise, and a model of cooperation is created. Cabot Xuyang has not only grown into an important force in regional economic development, but also continued to contribute to social development, especially the relevant environmental indicators are at the global leading level of the carbon black industry. "

Jin Guobin, president of Xingtai City Public Service Association, also said: "Cabot Xuyang has always been committed to responsible care, keen on public welfare undertakings, and actively support the development of education." This touching and warmth will be passed on to more people, bringing hope and strength. "

Shen Guowei, general manager of Cabot Xingtai factory, said in a speech: "with 'ingenuity to keep the original mind' and a steady spirit of struggle, Xingtai factory has grown into a responsible social citizen."

For ten years, Cabot Xingtai factory has been adhering to the value concept of "integrity, respect, excellence and responsibility". In the future, Cabot Xingtai factory said that it will continue to strive to achieve harmonious development between enterprises and society. create materials for a better future and achieve the goal of sustainable development.