MARIETTA, Ga. (Jan. 21)—Columbian Chemicals Co. is evaluating building a carbon black plant in Bahia, Brazil, where two new tire facilities are being built to supplement two others already operating there.
Columbian, which already operates a factory Cubatao, Brazil, said it has identified an existing industrial site in the Camacari region and is negotiating acquiring the land with the owner. It has completed basic engineering and economic analyses, submitted the appropriate environmental permit application and is negotiating feedstock, natural gas and utilities supply deals.
Columbian, which claims to be the "recognized market leader" in Brazil, did not disclose any specifics regarding size or investment, but President James Berresse said in a statement the firm is "committed" to growing in the region along with its customers. Columbian expects to be able to make a final decision before the end of the first quarter.
Pirelli S.p.A. has two plants already operating in Camacari, and Bridgestone Corp. and Continental A.G. both have committed to building operations there. Several car companies also have assembly facilities in Bahia.