Cabot, completed the acquisition of Shenzhen Sanshun Nano New Materials, for $115m.

Cabot, a global specialty chemicals and performance materials company, completed the acquisition of Shenzhen Sanshun Nano New Materials, a carbon nanotube producer in China, for $115m. “The addition of SUSN’s CNT technology complements our already strong portfolio of conductive carbon products, and creates significant opportunity to deliver new innovative formulated solutions for improved battery performance for the rapidly growing energy-storage market,” Jeff Zhu, Cabot Corporation Senior Vice President and President.