Cabot Corporation to Acquire Mexico Carbon Manufacturing

Cabot Corporation has announced plans to acquire Mexico Carbon Manufacturing (MXCB), a producer of reinforcing carbon materials. The MXCB facility, which began operations in 2005, is located next to Cabot’s existing plant in Altamira, Mexico—an operation that has been running successfully since 1990. This acquisition further underscores Bridgestone’s confidence in Cabot as a trusted, long-standing partner with a proven history of delivering high-quality, dependable supply.

Under the terms of the deal, Cabot will provide Bridgestone with a long-term supply of reinforcing carbon products through MXCB, thereby strengthening their longstanding partnership. Beyond Bridgestone, the facility is also equipped to manufacture other advanced reinforcing carbons, enabling Cabot to address a broader range of customer needs and capture new growth opportunities. MXCB is expected to expand Cabot’s global production footprint and support its long-term growth strategy. The transaction will not only increase production capacity but also reinforce Cabot’s commitment to delivering consistent, high-quality supply to key markets, solidifying its leadership in the global carbon black industry.

Sean Keohane, President and Chief Executive Officer of Cabot Corporation, commented:“We are excited to expand our global network of reinforcing carbon facilities and to further deepen our collaboration with Bridgestone. This acquisition is fully aligned with our strategy to grow in core markets, while advancing operational excellence, innovation, and customer value. Our long experience in the region and strong cultural alignment with the local team will enable a smooth integration and long-term success. Most importantly, this step strengthens our position as a global leader in reinforcing carbon materials, allowing us to deliver innovative solutions and reliable supply to our customers worldwide.”

The acquisition, valued at $70 million, will be executed on a debt-free and cash-free basis, subject to customary post-closing adjustments. Completion of the deal remains contingent upon regulatory approval in Mexico and is expected within the next three to six months.