FORT WORTH, Texas— Sid Richardson Carbon & Energy Co. is planning to build a carbon black plant in Mexico to keep up with projected growth in North America.
Sid Richardson said it is hasn't yet determined the exact location of the plant, nor disclosed any information on capacity or investment, but did say it hopes to have the plant on line by 2017.
“Based on the current demand for carbon black in North America and projections for the next five years alone,” President and CEO Bill Jones said, “we are viewing this venture as a necessary move to serve our customers.”
He said the company hopes to have the plant on line and producing carbon black in 2017.