New Delhi: The purchase of Nanocyl SA, a global pioneer in multiwall carbon nanotubes (MWCNTs) with headquarters in Sambreville, Belgium, has been finalised by Birla Carbon, one of the top producers and suppliers of premium carbon solutions.
By acquiring Nanocyl, Birla Carbon’s market share in the Energy Systems sector is increased, and it gains a leading position in materials essential to the performance of Lithium Ion batteries as well as other conductive applications.
The Aditya Birla Group’s Group Director of Chemicals and Group H.R., Dr Santrupt Misra, discussed the purchase by saying, “Birla Carbon has been nurturing a number of innovation opportunities in its effort to realise its multi-pronged sustainability agenda.” Purchasing Nanocyl is a definite move in that direction for the company’s plan. Our goal for Birla is for Carbon to become a major player in the field of developing energy systems as a result of this relationship. He went on, “In order to be future-ready, Aditya Birla Group has been focusing on investing in sustainability and circularity-driven projects led by innovation. The same is consistent with our purpose, which is to “inspire” trust by establishing thriving, ethical businesses that improve lives.
John Loudermilk, President and CEO of Birla Carbon, expressed his opinions on the purchase, “We are excited to welcome Nanocyl into the Birla Carbon family.” In the realm of carbon nanotubes, which provide distinctive performance qualities for a variety of applications, most notably energy systems like lithium-ion batteries, Laurent and his accomplished team have been trailblazers.
The speaker went on to say, “MWCNTs have the potential to enable the electrification of the transportation industry, deliver enormous environmental benefits, and prevent climate change. This aligns well with Birla Carbon’s commitment to driving growth through innovation in sustainability.” With the help of our expanding client base, we are dedicated to working together to generate unheard-of value from the carbon range of goods and technology.
“We are proud of our journey to develop and commercialise MWCNT over the past 20 years as an entrepreneurial start-up, with the support of our current partners and investors,” said Laurent Kosbach, CEO of Nanocyl.
However, in order to fully use the synergy and potential of these materials across a wide range of end uses, given the increasing demand for our goods, the moment has come to join a global industry leader. “Birla Carbon’s portfolio of products, R&D expertise, and market experience will enable Nanocyl and our products to reach their full growth potential,” Mr Kosbach goes on.
Birla Carbon now offers an amazing array of conductive application solutions thanks to the addition of Nanocyl’s cutting-edge MWCNTs, in addition to the Conductex family of conductive carbon black additives and active anode materials.
Nanocyl was established in 2002 In Belgium; it is among the top producers of industrial multiwall carbon companies. As it develops long-term solutions for the rubber market, its industrial strategy concentrates on the pressing issues facing the energy, transportation, and electronic sectors.
Currently operating throughout 12 countries, Birla Carbon is one of the cornerstone companies of the Aditya Birla Group. It has 16 production sites and two technical centres located in Marietta, US, and Taloja, India.
With a notable compound annual growth rate (CAGR) of 27.5% from 2023 to 2029, the market for carbon-based nanomaterials, estimated at $3.6 billion in 2022, is projected to reach $40.71 billion by 2029. Apart from Birla Carbon, other significant entities in the industry are Cabot Corp, Orion, IMERYS, and Mitsubishi Chemical Corp.
In order to create graphite for lithium-ion batteries that are generated from crude, Birla Carbon started a cooperative endeavour last year. The primary objective of the project was to produce graphite in a more sustainable manner utilising renewable feedstocks, in line with the net zero carbon emissions by 2050 target of the Aditya Birla Group company.
