Phillips Carbon Black to pump about Rs 1,300-1,400 crore over next two years
30th Aug 2021

Phillips Carbon Black is planning to pump about Rs 1,300-1,400 crore over the next two years on capacity expansion. The expansion lined up is one Rs 800 crore greenfield plant near Chennai and brownfield expansion in Mundra for specialty carbon that would entail an investment of Rs 300-350 crore. The carbon major will pump Rs 100 crore in research and development facilities in Belgium and India.

Phillips Carbon Black is the largest manufacturer and supplier of carbon black in the country catering to the needs of elastomer, plastic, paints and ink manufacturing industries.