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Shenzhen Sanshun Nano New Materials (SUSN)

Cabot secures its place at top of lithium-ion materials supply chain with buy out of Chinese CNT firm

Tue, 04/07/2020 - 16:11 -- Paul Crompton

Battery additives firm Cabot has added carbon nanotubes (CNTs) to its lithium-ion energy storage materials portfolio following the $115 million acquisition of Shenzhen Sanshun Nano New Materials (SUSN) on April 1.

The US firm has finalised all registration procedures related to the acquisition, which was first announced on 6 January when Cabot entered into an agreement to buy the China CNT producer SUSN.

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Cabot to tighten grip on battery materials market with buy out of carbon nanotube maker SUSN

Fri, 01/10/2020 - 12:05 -- Paul Crompton

Battery materials firm Cabot Corporation entered into an agreement to buy carbon nanotube (CNT) producer Shenzhen Sanshun Nano New Materials (SUSN) on 6 January

The Massachusetts, US, firm aims to buy SUSN through its wholly owned subsidiary Cabot China for around $115 million in enterprise value, which includes liabilities and contingent payments. 

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