Cabot Corporation and Partners Win $5M US Department of Energy Grant to Advance Global Hydrogen Economy
April 18, 2024 | 3 min read April 18, 2024 | 3 min read- Grant will support development of innovative, scalable manufacturing processes for producing carbon catalyst supports for fuel cells
BOSTON–Cabot Corporation (NYSE: CBT) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected its application for a $5 million research grant. This grant will be used by Cabot and its partners to support the deployment of fuel cells, which emit only water when creating electricity.