Thursday, 16 January 2025
Home Cabot Corporation Selected for Award Negotiation for $50 Million from the U.S. Department of Energy to Support Domestic Battery Supply Chain

The following content is a news release distributed by . The original news release may be found here.

Cabot Corporation Selected for Award Negotiation for $50 Million from the U.S. Department of Energy to Support Domestic Battery Supply Chain

BOSTON--(BUSINESS WIRE)--Cabot Corporation (NYSE: CBT), a global specialty chemicals and performance materials company, announced it has been selected for an award negotiation of up to $50 million by the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot’s development of a new U.S.-based manufacturing facility to produce battery-grade carbon nanotubes (CNTs) and conductive additive dispers...

Read the full news release here

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