We are proud to announce that Cabot Corporation, a valued member of the Nanotechnology Industries Association (NIA), has been selected for an award negotiation of up to $50 million by the U.S. Department of Energy. This funding will support the construction of the first-ever U.S. commercial-scale facility for battery-grade carbon nanotubes (CNTs) and conductive additive dispersions—key components in lithium-ion batteries for electric vehicles (EVs) and energy storage systems.

The new facility, located in Wayne County, Michigan, represents a major step forward in enhancing the domestic battery supply chain, reducing reliance on imports, and creating hundreds of new jobs. This initiative, supported by the DOE as part of the Bipartisan Infrastructure Law, will help Cabot continue to drive innovation and sustainability in the energy sector.

As an NIA member, Cabot’s advancements highlight the crucial role that nanotechnology and advanced materials play in shaping a sustainable future.

Stay tuned for more updates from NIA members contributing to the global energy transition!

For further details, read their news release.