Bridgestone has agreed to sell Mexico Carbon Manufacturing S.A. de C.V. (MXCB) to Cabot Corporation for approximately US $70 million. The Bridgestone carbon black business sale supports the tyre maker’s 2024-2026 Mid-Term Business Plan, allowing it to focus on premium tyres and advanced materials while Cabot boosts capacity at its Altamira, Mexico hub. The deal is expected to close within six months, pending Mexican regulatory approval.
This Bridgestone carbon black business sale aligns with the group’s “growth with quality” mantra, freeing resources for R&D in motorsport and sustainable compounds. Bridgestone will continue in-house carbon black R&D through Japan-based Asahi Carbon.
“We are excited to expand our global reinforcing carbons network and deepen our collaboration with Bridgestone,” said Sean Keohane, CEO of Cabot Corporation.
Cabot intends to integrate MXCB with its adjacent Altamira plant, promising supply security for Bridgestone and other customers.
Recent asset disposals underscore Bridgestone’s second-stage overhaul:
These moves, plus the latest Bridgestone carbon black business sale, illustrate a deliberate pivot toward high-margin premium tyres and sustainable mobility solutions.
Tagged with: Bridgestone, carbon black, Cabot Corporation, Mexico plant, reinforcing carbons, tyre manufacturing, supply chain strategy, premium tyres, Mid-Term Plan, sustainability
Disclaimer: This content may include forward-looking statements. Views expressed are not verified or endorsed by Tyre News Media.
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