Cabot Completes Acquisition of Mexico Carbon Manufacturing

Cabot Corporation has completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The transaction followed a definitive agreement announced in August and the receipt of required regulatory approvals.

Cabot said it has long supplied Bridgestone with reinforcing carbon products, and the acquisition strengthens that partnership. MXCB is strategically located near Cabot’s existing facility in Altamira, Mexico, expanding global manufacturing footprint and adding capacity and operational flexibility to produce a broader range of reinforcing carbon products.

Cabot expects the added MXCB facility to enhance supply reliability and support growth in its core markets.