Cabot Corporation Signs Multi-Year Supply Agreement with PowerCo SE, a Battery Manufacturing Subsidiary of Volkswagen Group
Agreement includes supply of Cabot’s conductive carbons and dispersions for lithium-ion battery applications
Under the agreement, Cabot will supply its advanced conductive carbons and conductive dispersions for use in EV batteries electrodes. Cabot’s conductive formulations are high-performance materials designed to enhance battery conductivity and efficiency. They play a critical role in improving the performance of lithium-ion batteries by enabling higher energy density, faster charging capabilities, and extended battery life, which are critical performance attributes for next-generation EVs.
“We are proud to collaborate with one of Europe’s foremost EV battery manufacturers to deliver innovative solutions that meet the evolving demands of the electric vehicle market,” said
The supply agreement is expected to contribute meaningfully to Cabot’s growth in the battery materials sector and reinforces its position as a trusted partner in the global EV value chain. The partnership reinforces Cabot’s commitment to delivering high-performance, scalable solutions that support the global transition to clean energy.
Cabot’s advanced conductive products subject of the agreement are part of its broader portfolio of conductive additives and dispersions engineered to optimize battery performance across a range of applications, including electric vehicles, energy storage systems, and consumer electronics.
ABOUT CABOT CORPORATION
Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston,
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in the press release regarding Cabot's business that are not historical facts are forward looking statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
Contact:
Corporate Communications
emily.moran@cabotcorp.com
(617) 460-4517
Investor Relations
robert.rist@cabotcorp.com
(617) 342-6374
Source: Cabot Corporation
