MARIETTA, Ga. (Feb. 1) — Columbian Chemicals (Weifang) Holdings S.A.R.L. has completed its purchase of Shandong Haihua Carbon Black Chemical Co. Ltd. located in Weifang, China.
The deal represents Columbian's entry into the Chinese carbon black market, and the firm said it will triple the factory's production capacity.
The plant was built in 2003 and has the capability to produce 20,000 metric tons of carbon black annually.