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Cabot to invest in US conductive carbon additives capacity for EV battery applications
Specialty chemicals company Cabot plans to invest approximately $200 million in US conductive carbon additives (CCA) capacity over the next five years to enhance its market position and support the transition to EVs.
CCAs are used to provide sufficient electrical conductivity to active battery materials, and Cabot’s portfolio includes conductive carbons, carbon nanotubes, carbon nanostructures and blended CCAs.
The company says the first phase of the investment call for $75-90 million to increase annual CCA capacity by 15,000 metric tons at its existing facility in Pampa, Texas, by the end of 2025.
The company also intends to expand its US manufacturing and technology footprint over the next five years by making additional investments in carbon nanotube powder and dispersion capacity and the development of innovative products for battery applications.
Cabot CEO Sean Keohane says, “We are bringing together a powerful combination of conductive carbon and CNT technology to provide optimal performance and formulation flexibility for our customers.”
Source: Cabot
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