IHS Chemical Week

Regions :: North America :: Mexico

Cabot closes Mexico JV buyout

12:06 PM MST | November 18, 2013 | Vincent Valk

Cabot announced today that it has closed its buyout Grupo Kuo’s stake in Nhumo, the Mexican carbon black joint venture. Under the terms of the deal, which was announced in June, Cabot will pay $105 million for Grupo Kuo’s 60% stake in the Nhumo. Some $80 million of that was paid upon closing, and Cabot also paid out a special dividend to the Nhumo shareholders. Nhumo operates a 140,000-m.t./year carbon black plant at Altamira, Mexico, and is the leading carbon black maker in the country, Cabot says. Cabot has owned a 40% stake in Nhumho since 1990...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa