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.
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