28 February 2012 15:26 [Source: ICIS news]
HOUSTON (ICIS)--Cabot has launched a carbon conductive additive to help increase the performance of lithium-ion batteries used in electric and hybrid vehicles, as well as consumer electronics, the US-based chemicals firm said on Tuesday.
Cabot said its LITX50 additive would improve the conductivity of battery electrodes, thus enabling better power performance.
“The LITX50 product is a multi-function additive that delivers improved performance across the board,” said Greg Romney, director of new business at Cabot.
“It allows battery makers to coat thinner, more energy dense layers while also achieving superior performance under challenging low temperature conditions,” Romney added.
Cabot said its additive is aimed at a global lithium-ion battery market that is expected to grow to $18bn (€14bn) by 2020, from $8bn in 2011.
A number of chemical firms, including Germany's BASF, are looking to the lithium-ion batteries market as an important growth opportunity.
($1 = €0.75)
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