Cabot Strikes Supply Agreement With PowerCo To Supply Its Advanced Conductive Carbons, Conductive Dispersions For Use In EV Batteries Electrodes

Cabot Corporation (NYSE: CBT), a global leader in specialty chemicals and performance materials, today announced it has signed a multi-year supply agreement with PowerCo SE, a leading European original equipment manufacturer (OEM) in the electric vehicle (EV) battery sector. This agreement marks a significant milestone in Cabot's strategic growth in the battery materials market.

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.