Tawazun launches plant to manufacture small calibre ammunition
Tawazun Holding, the investment unit of the Offset Programme Bureau, has launched a state-of-the-art plant to manufacture small calibre ammunition in the country.
Cabot Corp. has opened its new Tianjin masterbatch plant, investing $20 million in the black masterbatch plant inside its Tianjin facility, which is a joint venture with Shanghai Coking and Chemical Corp., a subsidiary of Shanghai Huayi Group Company Ltd. The plant, which is part of the world's largest rubber and specialty carbon black facility, has annual nameplate capacity of approximately 45,000 tonnes with the capacity to expand to 80,000 tonnes in the future.