Cabot corporation and partners selected for $5m in u.s. department of energy grant to support continued advancement of global hydrogen economy

Boston--(business wire)--cabot corporation (nyse: cbt) announced that the u.s. department of energy (doe), under the bipartisan infrastructure law, selected its application for a $5 million research grant. this grant will be used by cabot and its partners to support the deployment of fuel cells, which emit only water when creating electricity. the transition to electric in the worldwide mobility landscape is significantly supported by fuel cells, especially in the electrification of long-distan.
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