Cabot To Acquire Bridgestone’s Mexico Carbon Manufacturing Facility

Cabot To Acquire Bridgestone’s Mexico Carbon Manufacturing Facility

Cabot Corporation has signed a definitive agreement to purchase Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation for USD 70 million on a debt-free, cash-free basis, pending standard closing adjustments. The deal, which requires regulatory approval in Mexico, is anticipated to finalise within three to six months.

The MXCB facility, established in 2005, produces reinforcing carbons and is strategically located near Cabot’s existing Altamira plant, operational since 1990. This acquisition reinforces Cabot’s partnership with Bridgestone, ensuring long-term supply of reinforcing carbon products while expanding Cabot’s production capacity and global footprint. The facility’s versatility allows for the manufacture of additional reinforcing carbon products, enabling Cabot to meet diverse customer demands and pursue future growth opportunities.

By integrating MXCB, Cabot strengthens its position as a leading global supplier of carbon black, reaffirming its commitment to delivering high-quality, reliable materials to key markets. Bridgestone’s decision to sell MXCB to Cabot reflects confidence in Cabot’s expertise and consistent performance as a trusted industry partner. This move aligns with Cabot’s long-term growth strategy and enhances its ability to serve customers worldwide.

Sean Keohane, President and CEO, Cabot Corporation, said, “We are excited to expand our global reinforcing carbons network and deepen our collaboration with Bridgestone. 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 supports a smooth integration and long-term success. Importantly, this acquisition also further strengthens our position as a global leader in reinforcing carbons, enabling us to deliver innovative solutions and dependable supply to customers.”

Midas Launches High-Performance O-Rings For OTR Tyres

Midas Launches High-Performance O-Rings For OTR Tyres

Midas, Asia’s largest manufacturer of tyre retreading materials, has launched O-rings designed for off-the-road (OTR) tyres, aimed at delivering reliable sealing performance in demanding operating conditions.

The O-rings are manufactured using high-quality natural rubber and are formulated to improve physical properties and ensure dimensional stability. According to the company, the product has been tested over many years in harsh environments and is intended to provide consistent, trouble-free performance in OTR tyre applications.

Midas said only REACH-compliant raw materials are used in the manufacture of the O-rings, underscoring its adherence to safety, quality and international regulatory standards.

Founded 56 years ago, Midas supplies tyre retreading materials to customers in more than 60 countries. The company said the launch reflects its continued focus on developing performance-oriented solutions for the global tyre and retreading industry.

Toyoda Gosei Launches Automotive Parts With 20% Recycled Rubber

Toyoda Gosei Launches Automotive Parts With 20% Recycled Rubber

Toyoda Gosei has successfully commercialised automotive weatherstrips using recycled rubber, starting with the new Toyota RAV4. This marks a significant breakthrough in a field where rubber has historically been difficult to reuse, often ending up incinerated instead of truly recycled. Unlike steel or plastic, rubber recycling requires devulcanisation, a complex process that traditionally weakens the material and leaves behind unpleasant odours.

Through dedicated refinement of its proprietary devulcanisation technology, the company has overcome these longstanding quality hurdles. The advancements have dramatically increased the usable proportion of recycled material in automotive parts from under five percent to 20 percent, an achievement honoured by a Toyota Motor Project Award.

Looking ahead, Toyoda Gosei aims to extend this technology beyond synthetic rubber to include natural rubber, which is used in far greater volumes. The broader corporate ambition is to collaborate with automakers and partners to establish a full circular system. This system would collect and regenerate rubber from end-of-life vehicles, positioning the company as an industry leader in enabling both decarbonisation and sustainable resource circulation.

Michelin Reinforces Polymer Composite Solutions Business With Two Acquisition Projects

Michelin Reinforces Polymer Composite Solutions Business With Two Acquisition Projects

Pursuing its strategic goals for 2030, Michelin is actively extending its technological leadership into adjacent, high-value sectors. This expansion is being accelerated through two key acquisitions announced in recent months: Cooley Group and Tex Tech Industries. Both US-based companies are leaders in advanced materials, specialising in high-performance fabrics and coatings, and align strongly with Michelin’s own focus on innovation and quality while bringing complementary geographic and technical strengths.

Cooley Group, marking its centennial in 2026, excels in creating engineered polymer-coated fabrics. Its fully integrated production enables custom solutions for critical applications in healthcare, industrial containment and waterproofing. Similarly, Tex Tech Industries, with over a century of operation, designs and manufactures specialised textiles for extreme demands, including thermal protection systems for aerospace, fire-blocking aircraft interiors and advanced composite materials.

These strategic moves significantly bolster Michelin’s existing position in coated fabrics, notably through its European brand Orca. By integrating Cooley and Tex Tech, Michelin anticipates accelerating its global market reach and increasing the revenue of its Polymer Composite Solutions division by approximately 20 percent, equating to roughly USD 280 million. Given the growing scale of this business, Michelin intends to establish it as a dedicated reporting segment starting in 2026.

The acquisitions, slated for completion in the first half of 2026 pending regulatory approvals, will be transacted in cash, with financial terms currently undisclosed.

Birla Carbon Secures Platinum Medal In EcoVadis Sustainability Rating

Birla Carbon Secures Platinum Medal In EcoVadis Sustainability Rating

Birla Carbon, a leading global manufacturer and supplier of high-quality carbon materials, has been awarded the prestigious Platinum sustainability rating by EcoVadis, ranking it within the top one percent of all assessed companies globally. This honour recognises the firm’s enterprise-wide leadership in integrating sustainability across its operations, innovation and value chain.

The evaluation specifically commended its strong performance across four key areas: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. This achievement is further validated by extensive third-party certifications, with over 75 percent of operations certified to international standards including ISO 14001, ISO 50001, ISO 45001, SA8000 and ISO 27001, underscoring the consistency and strength of its sustainability management systems.

John Loudermilk, President and CEO, Birla Carbon, said, “This Platinum rating reflects the steady progress we are making in embedding sustainability at the core of our business. Our growth strategy is geared towards delivering sustainability through innovation, operational excellence and responsible practices across our global footprint. We continually invest in sustainability and circularity-driven processes, keeping our operations sustainably efficient while creating long-term value for our customers, partners, communities and employees. Our sustainability strategy, Share the Future, serves as a roadmap to a sustainable future and guides our actions towards our aspiration of reaching net zero carbon emissions over the next 25 years. Being recognised among the top one percent of companies globally is a testament to the commitment of our teams worldwide.”