With the commissioning of the two production lines, Black Cat’s fifth-largest carbon black base has begun to take shape. Today, Black Cat announced that 40,000 tons/year of wet charcoal in No. 1 and No. 2 in the first phase of the 160,000 ton carbon black production base project invested by the holding subsidiary of Yantai Black Cat Carbon Black Co., Ltd. The black production line was officially put into production on May 24. The second phase of the project will be completed and put into operation during the year. The two production lines put into operation this time are expected to add 80,000 tons of wet carbon black production capacity per year to Black Cat, and increase annual sales revenue by about RMB 500 million. On December 19th, 2009, Black Cat shares together with Handan Xinbao Coal Chemical Co., Ltd. and Cixian Xinsheng Coal Chemical Co., Ltd. jointly invested 50 million yuan to establish black cats, of which the company holds 75% of the shares. The Black Cat is responsible for the construction of the fifth largest carbon black base of the Black Cats. It plans to build a 160,000 tons/year carbon black production base project with a total investment of 600 million yuan and a construction period of two years. The establishment of black cats takes into account the dual advantages of raw material supply and broad market, improves the company's market share in North China, and also helps Black Cat to reduce production costs, and leverages the comprehensive advantages of upstream and downstream companies to achieve common development. It is based on this that, after a lapse of 7 months, the total amount of black cats' unilateral increase in the capital increase of the black cat will not exceed 450 million yuan (excluding the 37.5 million yuan already invested). In recent years, Black Cat has rapidly expanded its scale and set up subsidiaries in Shaanxi, Liaoning, Inner Mongolia, and Hebei, dominating the advantages of raw material production and consumer markets. It has formed a production and sales network based in Jiangxi and a nationwide distribution. As of the end of 2010, the company already has a carbon black production capacity of 470,000 tons/year. In 2011, Black Cat plans to complete the production and sales of carbon black by 550,000 tons, seize the timing of industrial adjustment in the carbon black industry, and complete the country's production layout. At the same time, we will do our best to build the black cat and Tangshan black cat. We have more than ten years of experience than our peers and can provide you with better service. More Conveyors,Sortation Conveyor Systems,Conveyors And Sorters,Sorting Conveyor DMT Machineries (Suzhou) Ltd , https://www.dmtsz.com
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