Phillips Carbon Black to set up Rs 600 crore greenfield plant near Chennai

10 Jul 2020 Evaluate

Phillips Carbon Black (PCBL) has finalised a site near Chennai in Tamil Nadu to set up its Rs 600 crore greenfield plant, and all its expansion programmes are on track. The company has also commissioned its second research and development (R&D) centre in Belgium in June amid the coronavirus pandemic. The project awaits a few final approvals, and the construction is expected to begin in the second half of the current fiscal. The company had been discussing with the state governments of Tamil Nadu, Andhra Pradesh and Telangana for setting up the plant.

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.

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