Peter Donnelly has been appointed as the new President of Cancarb Limited, global leader in the production and marketing of thermal carbon black. Tokai Carbon, the parent company of Cancarb, said that Peter will replace Ken Tate, who will retire on September 30, 2019. However, Tate will remain in an advisory capacity till December 31, 2019.

Peter Donnelly has worked in various roles in Cancarb over the past 24 years including most recently as VP,
Marketing, and prior to that as Director, Quality and Development.

Takashi Masaki, General Manager of the Carbon Black Division of Tokai Carbon stated, “We extend our thanks to
Ken Tate for his efforts over the past five years, especially in seeing through the transition to Cancarb being a
subsidiary of Tokai Carbon, as well as initiation and approval of the unit six expansion. We are confident that his vision and strong mindset will successfully guide Cancarb in the coming years.”

Cancarb Limited has customers in 44 countries, and plants are located in Alberta, Canada. It is a subsidiary of Tokai Carbon Co with more than 100 years’ experience. Tokai Carbon is a global leader in carbon materials with operations in Carbon Black, Graphite Electrode, Fine Carbon and Friction Materials.