NGVT Overview

CHASM and Ingevity Partnership: CHASM Advanced Materials has signed a license agreement with Ingevity Corporation for the production of carbon nanotube (CNT) additives for batteries, enhancing their collaboration to support the EV battery industry in North America and Europe.

Technology Validation: CHASM's NTeC®-E CNT additives have been validated by Ingevity's labs and third-party testing, proving to be more conductive and offering better capacity retention compared to other commercial CNT products.

Supply Chain Security: The partnership aims to establish a reliable, domestically sourced CNT supply chain for the growing electric vehicle battery market, reducing reliance on overseas suppliers.

Innovative Applications: CHASM's CNT technology is designed for integration into various battery chemistries and other applications, contributing to advancements in safety, connectivity, and sustainability in multiple industries.

Leadership Appointment: Ruth Castillo has been appointed as president of Performance Materials at Ingevity Corporation, effective November 10, 2025, bringing over 25 years of experience in the chemicals and materials industries.

Strategic Focus: Castillo will lead the activated carbon segment, aiming to enhance its market position in evaporative emissions control and drive growth in emerging applications.

Background and Expertise: Castillo has a strong track record in driving innovation and profitability, having held significant roles at companies like Avantor and Celanese, and holds an MBA in International Management and a bachelor's in chemical engineering.

Company Overview: Ingevity specializes in products that purify, protect, and enhance the environment, operating in three segments: Performance Materials, Advanced Polymer Technologies, and Performance Chemicals, with a global workforce of approximately 1,600 employees.