Philips Carbon Black Ltd (PCBL), a subsidiary of $3.5 billion RPG Group of
companies, has announced that it is proposing to invest Rs 160 crore to expand the capacity of its Kochi plant in Kerala.
Under the expansion plan, the annual production capacity of the plant will be increased from 40,000 to 90,000 tonnes, out of which 50,000 tonnes of soft carbon would be produced to tackle its high demand of black carbon.