炭黑企业7000万元项目，顺利建成

Core Points - The Shanghai Cabot factory's renovation project officially commenced on August 26, with notable attendees including local government officials and Cabot executives [1] - The project was initiated in April 2024 with a total investment of approximately 70 million yuan, and it successfully achieved trial production on August 11, 2025 [3] - The renovation project utilizes waste heat for power generation and enables distributed grid connection, ensuring steam supply for surrounding enterprises and stabilizing production, particularly alleviating electricity shortages in summer [3] - The project is expected to generate an annual output value of around 1.4 billion yuan, setting a benchmark for green development in the Minhang district [3] - Shanghai Cabot Chemical Co., Ltd. is the first foreign-funded chemical production enterprise established in Shanghai after the reform and opening-up, founded in 1988 with an initial investment of 30 million USD in collaboration with the Huayi Group [3] - The Shanghai factory has invested in three carbon black production lines and an energy and environmental protection center, with an annual production capacity of 170,000 tons of carbon black and 700,000 tons of steam [3]