NUREMBURG, Germany—Leading carbon black manufacturer Cabot Corp. has seen a substantial growth in demand for rubber carbon black products and is evaluating various options, including expansion plans as well as tuck-in acquisitions, to address the rising demand.
"Our main challenge right now is that we want to help, but we cannot help everyone," Jaume Campana, vice president and regional business director for the reinforcement materials segment in EMEA, said in an interview with ERJ.
"We have been trying to support the tire and industrial rubber product customers, even not our own, as best (as we can) since this crisis started in February," Cabot official said, referring to the Russian war on Ukraine and the subsequent sanctions and restrictions on trade with Moscow.
As a result, the company has been operating its four European plants at high utilization rates and now is considering further options to meet the demand, which has picked up following the COVID-19 lull.
"We have different options and ideas, which I cannot disclose due to confidentiality reasons," he said.
But the ideas vary from expansion projects to M&A plans, he added.