Cabot redirects $50 million grant toward expanded US battery-materials plants
Cabot ($CBT) revised its North American battery-materials expansion plan around existing facilities in Louisiana and Texas. A modified $50 million US Department of Energy grant will support the program alongside $75 million of company investment. The plan shifts the grant-supported work from a previously proposed Michigan project to brownfield expansion at Cabot’s Franklin and Pampa sites. Franklin will expand conductive-carbon production, while Pampa will add carbon-nanostructure capacity for b
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