Phillips Carbon Black (PCBL) will be investing Rs 300 crore in Palej and Mundra plants of Gujarat to add another 80,000 tonne of capacity. The company is currently having a capacity of 4.8 lakh tonne per annum of carbon black. The new capacity will be ready by FY2019. The company is also evaluating a greenfield plant for a capacity of 1.2 lakh tonne in south India.
Phillips Carbon Black (PCBL) is the leading producer of carbon black in the country.