Cabot Corp. (CBT), Wednesday announced a multi-year agreement to supply its advanced conductive carbons and conductive dispersions to PowerCo SE, an original equipment manufacturer in the electric vehicle battery sector.
The company added that the agreement reflects the strength of its technology and ability to scale production to meet growing global demand.
The contract is also expected to contribute meaningfully to Cabot's growth in the battery materials sector and reinforces its position as a trusted partner in the global EV value chain.
Currently, CBT is trading at $69.35, down 1.15 percent on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.