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Cabot Corporation Signs Multi-Year Supply Agreement with PowerCo SE, a Battery Manufacturing Subsidiary of Volkswagen Group

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Information

Agreement includes supply of Cabot's conductive carbons and dispersions for lithium-ion battery appl...

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Corporate Developments

The agreement is significant enough to impact Cabot's stock performance, especially given the growing importance of EV technologies and materials.

FAQ

Why Bullish?

This agreement solidifies CBT's position in the growing EV battery materials market, similar to other firms gaining market share. For instance, companies like Tesla have seen stock price increases following major supply partnerships.

How important is it?

The agreement is significant enough to impact Cabot's stock performance, especially given the growing importance of EV technologies and materials.

Why Long Term?

The ongoing demand for lithium-ion batteries and Cabot's strategic partnership will positively impact revenues over several years, reflecting industry trends towards EV expansion.

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Cabot Corporation Signs Strategic Multi-Year Supply Agreement with PowerCo SE

BOSTON, Jan. 07, 2026 (GLOBE NEWSWIRE) — Cabot Corporation (NYSE: CBT), a global leader in specialty chemicals and performance materials, has announced a significant multi-year supply agreement with PowerCo SE, a prominent European original equipment manufacturer (OEM) in the electric vehicle (EV) battery sector. This deal highlights Cabot's strategic commitment to expanding its footprint in the battery materials market.

Details of the Supply Agreement

Under the terms of this agreement, Cabot will provide its advanced conductive carbons and conductive dispersions for the electrodes used in EV batteries. These high-performance materials are designed to enhance conductivity and efficiency, which are crucial for improving the performance of lithium-ion batteries. Key benefits of Cabot’s conductive formulations include:

  • Higher energy density for increased battery capacity
  • Faster charging capabilities to reduce downtime
  • Extended battery life to maximize usage

Impact on Cabot Corporation's Growth

The partnership with PowerCo SE is expected to significantly drive Cabot's growth within the battery materials sector. This agreement not only positions Cabot as a leading supplier of conductive materials within the European EV battery market but also underscores its technological prowess and production scalability to meet rising global demand.

Jeff Zhu, Executive Vice President and President of Carbon & Silica Technologies at Cabot, stated, “We are proud to collaborate with one of Europe’s foremost EV battery manufacturers to deliver innovative solutions that meet the evolving demands of the electric vehicle market.”

Broader Implications for the EV Industry

This supply agreement reinforces Cabot Corporation’s commitment to providing high-performance, scalable solutions that align with the global transition to clean energy. The advanced conductive products being supplied are part of a wider portfolio that optimizes battery performance across various applications including electric vehicles, energy storage systems, and consumer electronics.

About Cabot Corporation

Cabot Corporation (NYSE: CBT) is headquartered in Boston, Massachusetts, and is a recognized leader in specialty chemicals and performance materials. The company offers an extensive range of products, including:

  • Reinforcing carbons
  • Specialty carbons
  • Battery materials
  • Engineered elastomer composites
  • Inkjet colorants
  • Masterbatches and conductive compounds
  • Fumed metal oxides
  • Aerogel

For more information, visit cabotcorp.com.

Disclaimer

The information provided in this article includes forward-looking statements, which are subject to risks and uncertainties. For further details on these risks, please refer to the “Risk Factors” section in Cabot's Annual Report on Form 10-K.

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