Technology collaboration and outreach are integral to our innovation strategy. Our team members actively engage with external institutions and organizations to bring innovative concepts to market more quickly.
We collaborate with colleges, universities, start-ups, customers, industry peers and government entities to foster a diverse ecosystem. By engaging with the greater scientific and commercial community, we not only accelerate innovation but also contribute to the broader advancement of science and technology. This approach enables us to explore new frontiers and create solutions that address real-world challenges.
Our strong culture of collaboration drives cross-functional teamwork, integrating expertise from marketing, sales, manufacturing, and research and development. By working together and leveraging our collective knowledge, we are able to expand our scientific scope and make meaningful contributions to address significant sustainability opportunities, further enhancing our leadership in performance materials.
Our teams are active participants in technical conferences and with trade groups and advocacy associations. This allows us to share our progress with the larger community and learn all we can about customer needs, new technologies and industry best practices. In addition to participating, we often serve in leadership roles at conferences and within industry trade groups related to our main products.
We collaborate with colleges and universities globally to advance our knowledge and capabilities. Some examples include:
Our teams across our network partner with government entities around the world to develop and advance the implementation of cutting-edge technologies. These collaborations pair Cabot’s expertise in carbon and fumed metal oxide technologies with downstream start-up and established corporations, national laboratories and universities. Our shared commitment to sustainability and decarbonization is at the heart of these collaborations.
For example, we were awarded by the U.S. Department of Energy (DOE) a $5 million research grant to support the deployment of carbon catalyst supports for fuel cells to help advance the hydrogen economy.
We engage with suppliers, customers and other companies in the value chain to mutually advance our technologies. While most of these are confidential, they are a crucial element of our innovation strategy. One example of our efforts is we are collaborating with IFF Health and Biosciences to develop and commercialize renewable bio-based reinforcing additives to accelerate the advancement of innovative solutions that reduce greenhouse gas emissions and increase the amount of sustainable content in rubber products.