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Sid Richardson to Idle Capacity at US Carbon Black Plant

On Friday, November 21, 2008, Sid Richardson Carbon & Energy announced that it would idle approximately 90 million pounds (about 40,000 tonnes) of tread grade carbon black capacity at its plant in Addis, Louisiana. The shut down is considered temporary, and the company has no plans to drop production of any specific grades at this time. Customers should not be impacted by the move, as Sid Richardson has adequate tread capacity at its other two US plants (located in Big Spring, Texas and Borger, Texas) to meet shipments. In addition to the shutdown, Sid Richardson has postponed plans to install a cogeneration unit at the Addis plant.

Here is the announcement.

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