PT. Cabot Indonesia.
PT. Cabot Indonesia, which opened a 30,000-ton capacity carbon black plant in Celgon in May 1992, now plans to double the size of its operation to 60,000 tons. The increase is to meet the anticipated needs of Indonesia's domestic carbon black market, which is said to be expanding rapidly in response to growth in the tire and related industries. The expansion of PT. Cabot Indonesia, approved earlier this year by Indonesia's Investment Coordinating Board, represents a $24.5 million investment. The additional capacity will be directed primarily to local markets, but will also support exports to regional markets. Commercial production is scheduled to begin in 1995.