HomeEnergy Storage ›Cabot to Invest in US Conductive Carbon Additives Capacity for EV Lithium-ion Battery Applications

Cabot to Invest in US Conductive Carbon Additives Capacity for EV Lithium-ion Battery Applications

Cabot Corporation announced that it plans to add conductive carbon additives (CCA) capacity in the United States to enhance its leadership position in the market and support the transition to electric vehicles (EVs).

January 30, 2023. By News Bureau

Cabot Corporation announced that it plans to add conductive carbon additives (CCA) capacity in the United States to enhance its leadership position in the market and support the transition to electric vehicles (EVs).

Cabot plans to add conductive carbons capacity at their existing facility in Pampa, Texas, which is part of an approximately $200 million planned investment program over the next five years focused on expanding the company’s CCA production in the United States.

 

The adoption of EVs plays a key role in the decarbonization of the economy, and the U.S. government has announced targeted efforts to build a domestic EV battery supply chain.

As part of these efforts, federal and state governments have implemented a variety of programs in the form of grants, loans, and tax incentives.

Cabot believes that many of these programs present potential funding opportunities for the company in its efforts to expand CCA production capacity in the U.S.

CCAs are an essential component of lithium-ion battery chemistry and are used to provide sufficient electrical conductivity to the active materials.

Cabot has the broadest portfolio of CCAs including conductive carbons, carbon nanotubes (CNT), carbon nanostructures (CNS), and blends of CCAs to deliver optimal performance.

Additionally, the company’s global footprint of manufacturing assets, technology labs and commercial resources enables regional supply security support for its customers.

“We are at a pivotal moment as the vehicle fleet transitions from internal combustion engines to electric vehicles. CCAs are essential materials to make EV batteries work and expanding battery capacity and building a domestic materials supply chain are critical for the growth of EVs to be realized,” said Sean Keohane, president and chief executive officer.

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