US Chemicals and Materials Company Opens German Battery Tech Center
The Cabot Corporation has announced plans to set up a new technology center in the western German city of Münster. The facility will be used to speed up the development of applications the American company’s line of battery materials.
“Our new EMEA Technology Center will enable us to collaborate more closely with our customers and offer faster development times and extensive testing and trialing in Europe,” said Shen Yi, Cabot vice president and general manager for battery materials, in a company statement. “This area represents an attractive choice to expand our battery R&D capabilities to support the enormous growth in battery and EV production throughout Europe while driving closer partnerships with battery producers and automakers. With battery production forecasted to grow approximately 50 percent annually over the next four years, our new EMEA Technology Center is well-positioned to support the immense growth in batteries and help accelerate the transition to EVs.”
Cabot said one factor in its choice of location was proximity to several of the foremost battery research institutions, local universities and other technology companies in Europe. Cabot is a member of the European Battery Alliance (EBA), which seeks to establish a competitive and sustainable battery cell manufacturing value chain in Europe.
The research center is set to commence operations by April 2023, and an expansion is planned for 2024.
Münster city port © Pixabay
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