India in the carbon black joint venture to build Vietnam plant

A few days ago, India's Philip carbon black and 3 Vietnam signed an agreement to jointly building a joint venture in Vietnam in the South, a carbon black plant. The plant plans to invest 65,000,000 U.S. dollars, the target capacity of 110,000 tons, with total production of carbon black rubber. 3 of the joint venture with Vietnam's rubber industry are in the South, Da Nang Rubber Company and the stars look Rubber Company, Vietnam 3 in a joint venture of shares as more than 22%. The production of carbon black in Vietnam, half of the domestic sales and the other half will be exported to South Korea and Japan.