Cabot (CBT) Corporation announced it has signed a multi-year supply agreement with PowerCo SE, a leading European original equipment manufacturer, OEM, in the electric vehicle battery sector. This agreement marks a significant milestone in Cabot’s strategic growth in the battery materials market. Under the agreement, Cabot will supply its advanced conductive carbons and conductive dispersions for use in EV batteries electrodes. Cabot’s conductive formulations are high-performance materials designed to enhance battery conductivity and efficiency.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBT:
- Cabot price target raised to $80 from $72 at Mizuho
- Cabot price target lowered to $54 from $75 at JPMorgan
- Cabot Corp’s AI Challenges: Navigating Risks and Competitive Pressures
- Cabot appoints William Masterson as president, Reinforcement Materials
- Cabot price target lowered to $72 from $78 at Mizuho
