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Shenzhen Sanshun Nano New Materials (SUSN)

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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