US specialty chemicals producer Cabot has chosen Münster, Germany, as the site of a planned new technology center to guide its efforts toward meeting the growing demand for electric vehicle (EV) lithium-ion batteries in Europe, the Middle East and Africa (EMEA).
To support the transition to electric vehicles, US-based Cabot Corporation plans to add capacity for conductive carbon additives (CCA) at its plant in Pampa, Texas. The company said the $75-90 million investment, which will add 15,000 t/y, is part of a five-year $200 million drive to expand its domestic output of the lithium-ion battery components.
Cabot has signed a Memorandum of Understanding (MoU) with IFF Health and Biosciences to develop and commercialize sustainable reinforcing additives for rubber products. Under the agreement, the companies will exclusively work together to accelerate innovative technologies that reduce greenhouse gas emissions and increase the amount of renewable bio-based content
In his interview with CHEManager, Jeff Zhu, chairman of the Chinese Association of International Chemical Manufacturers (AICM), talks about the industry’s role in helping achieve China’s carbon-neutrality goal.
US specialty chemicals and performance materials manufacturer Cabot Corp. has agreed to sell its purification solutions business, Norit Activated Carbon, to One Equity Partners for $111 million. The deal is expected to close by the end of quarter one 2022, subject to the usual conditions.
