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Cabot Corporation to Acquire Mexico Carbon Manufacturing S.A. de C.V. from Bridgestone Corporation
BOSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) announced that it has entered into a definitive agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The reinforcing carbons manufacturing facility was commissioned in 2005 and is located in close proximity to Cabot’s current reinforcing carbons facility in Altamira, Mexico, which has operated successfully since 1990. Furthermore, it underscores Bridgestone’s confidence in Cabot
About this update from Bridgestone Corporation
[{"type":"image","alt":"Cabot Corporation","displaySize":"","headline":null,"caption":"Cabot Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":117,"url":"https://media.zenfs.com/en/globenewswire.com/297896d641466c374dcc71d12702371a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/oY0sF0Cs5WnYnv6AQ.n_Ig--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE2NDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/297896d641466c374dcc71d12702371a","width":300,"height":117}},"lazy":false},{"type":"text","content":"BOSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Cabot Corporation (NYSE: CBT) announced that it has entered into a definitive agreement to acquire Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation. The reinforcing carbons manufacturing facility was commissioned in 2005 and is located in close proximity to Cabot’s current reinforcing carbons facility in Altamira, Mexico, which has operated successfully since 1990. Furthermore, it underscores Bridgestone’s confidence in Cabot as a trusted partner with a proven track record of delivering high-quality, reliable supply.","length":597,"tagName":"p"},{"type":"text","content":"Under the terms of the acquisition, Cabot will strengthen its longstanding partnership with Bridgestone through the long-term supply of reinforcing carbon products from MXCB for Bridgestone. In addition, the facility also has the capability to manufacture other reinforcing carbon products, providing flexibility to support broader customer needs and future growth opportunities. MXCB is expected to enhance Cabot’s global capabilities and support its long-term growth strategy. The transaction strengthens Cabot’s position as a global leader in carbon black by adding additional production capacity, and reinforcing the company’s commitment to delivering high-quality, reliable supply to key markets.","length":701,"tagName":"p"},{"type":"text","content":"“We are excited to expand our global reinforcing carbons network and deepen our collaboration with Bridgestone,” said Sean Keohane, president and chief executive officer, Cabot Corporation. “This acquisition aligns with our strategy to grow in core markets and reinforces our commitment to operational excellence, innovation, and customer value. Our long-standing experience in the region and cultural alignment with the local team su...