TIANJIN, China—It's hard to compete with China's growth potential.
So when it comes to growing in China's carbon black market, Cabot Corp. is determined to not only compete, but be the competition that's hard to keep pace with.
"An important part of Cabot's leadership over the years has been our development of the China market," said Jeff Zhu, president of Performance Additives, and senior vice president and president of the Asia-Pacific Region. "China is the second largest economy in the world and a market where approximately 50 percent of the world's chemicals are produced. China also makes almost 40 percent of the world's tires, 50 percent of the world's silicones and is the largest market for lithium-ion batteries. These are key end markets for us, and one simply must be there to grow and be a true global leader."