Phillips carbon black carbon black manufacturer, India (PCBL) plans to invest about $60 million to expand its production capacity, carbon black, a company spokesman referred to the India and the global supply is in the midst of the carbon black products to keep pace with its demand growth.

PCBL recently said that in public have plan in chennai set up production capacity of 150000 tons of carbon black factory, green will also be in gujarat mundra plant expansion of production capacity of 50000 tons, is expected to expand work will be completed in the third quarter of 2019.

In addition, the PCBL plant in paraije, gujarat, plans to add 30,000 tonnes of capacity, which is expected to be completed in the first quarter of 2020.

According to the company's quarterly report, PCBL has four production bases in India, and its sales increased by 83% from January to March 2018.