Cabot Corporation stands as a distinguished global specialty chemicals and performance materials manufacturer, serving transportation, infrastructure, environment, and consumer sectors since 1882. Based in Boston, Massachusetts, the company delivers essential materials and solutions across international markets, with reported revenues of $4.3 billion in fiscal year 2022. Cabot’s commitment to innovation is demonstrated through its extensive research programs and strategic development of sustainable technologies. The company maintains a strong presence in multiple regions, including North America, Europe, Asia, and South America, positioning it as a trusted supplier in the specialty chemicals market.
Battery Technology
Cabot’s influence in the battery sector centers on developing and manufacturing critical components for lithium-ion batteries. Their product portfolio includes specialized Conductive Carbon Additives (CCAs), which enhance electrical conductivity and improve charging efficiency in battery cells. These materials encompass conductive carbons, carbon nanotubes (CNTs), and carbon nanostructures (CNS).
The company’s ENTERA™ aerogel particles provide advanced thermal management solutions for lithium-ion batteries, addressing safety concerns in electric vehicle applications. These lightweight materials effectively mitigate thermal runaway risks while meeting stringent safety regulations.
Cabot’s recent expansion includes establishing a Battery Application Technology Center in Europe, designed to accelerate innovation in battery materials. The facility focuses on developing solutions for high nickel cathodes, silicon-containing anodes, and solid-state battery materials, supporting the growing demand for electric vehicle batteries.
Recent Projects
In 2024, Cabot secured a $50 million award negotiation from the U.S. Department of Energy to construct a commercial-scale facility for producing battery-grade carbon nanotubes. This facility will have an annual capacity of 1,000 tonnes of battery-grade CNTs and 12,000 tonnes of conductive additive dispersions. The project aims to strengthen domestic battery supply chains and support sustainable energy transitions.
Additionally, Cabot launched MAJESTIC 710 specialty carbon black for water-based systems, expanding their sustainable solutions portfolio. The company also announced progress toward their 2025 Sustainability Goals, including initiatives to achieve net-zero emissions by 2050.
Investors
Major institutional investors hold significant positions in Cabot Corporation. BlackRock Advisors LLC maintains the largest stake at 12.60% (6,852,573 shares), followed by Vanguard Fiduciary Trust Co. with 11.51% (6,261,875 shares). Wellington Trust Co., NA owns 8.253% (4,489,077 shares), while EARNEST Partners LLC and Fidelity Management & Research Co. LLC hold 6.020% and 4.166% respectively.
Business Details
Location: Two Seaport Lane, Suite 1400, Boston, MA 02210, USA
Website: https://cabotcorp.com
LinkedIn: https://www.linkedin.com/company/cabot-corporation/
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