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Cabot Corporation has agreed to acquire Bridgestone Corporation’s Mexico Carbon Manufacturing facility for USD 70 million in a debt-free transaction. As part of the deal, Cabot will maintain a long-term supply relationship with Bridgestone, continuing to provide carbon products from the Mexican plant pending regulatory approval, with completion expected within six months.

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The Altamira-based facility, operational since 2005, neighbors Cabot’s existing carbon production site that opened in 1990. This geographical advantage is projected to yield operational synergies through combined resource utilization and optimized logistics networks.

Company leadership framed the acquisition as strategically important for strengthening Cabot’s position in key markets while enhancing capabilities in product innovation and customer service. The existing regional presence and cultural familiarity were identified as key enablers for successful operational integration.

This transaction bolsters Cabot’s standing in the global carbon black market, particularly for tire and industrial rubber applications. The acquired plant’s multi-grade production capacity provides strategic flexibility to address varied customer requirements and evolving industry demands, while ensuring consistent product availability.