September 30, 2020

Epsilon Carbon forays into battery materials enterprise, plans to speculate Rs 500 cr by 2025

Mumbai: Coal tar derivatives firm, Epsilon Carbon has forayed into the battery materials enterprise by establishing a manufacturing facility within the Ballari area of Karnataka to supply graphite anode supplies for Lithium-Ion batteries.

“As India pushes an aggressive EV coverage…Epsilon’s manufacturing of graphite anodes will make India self-sufficient for a key uncooked materials for LiB cells,” mentioned Vikram Handa, Managing Director of Epsilon Carbon.

The corporate by way of its newly fashioned subsidiary, Epsilon Superior Materials, has deliberate to speculate Rs 500 crore by 2025 to determine 50,000 tonnes of anode materials capability, Handa added.

Anode supplies embrace carbon supplies and alloy-based supplies together with silicon, tin and antimony, and nitrides.

The section 1 of the mission which was to arrange manufacturing facility to supply 2500 tonnes each year (TPA) of bulk carbonaceous mesophase, a key uncooked materials in making Lithium ion batteries, is over and the corporate is engaged on increasing the capability to 15,000 tpa by the top of FY21.

Epsilon has protected its knowhow and know-how by submitting patents globally.

“Epsilon Superior Supplies, is fashioned with the aim of turning into a most well-liked provider of artificial graphite materials to cell producers and vitality storage gadget corporations throughout the globe,” the corporate mentioned in an announcement.

Trials have been initiated with anode materials producers and cell producers globally to begin the qualification section, Handa mentioned in an announcement.

The Mumbai-based firm may even be supplying custom-made graphite powder that’s utilized in quite a lot of specialised merchandise and industries. These embrace molding and castings for the metallic business, brake linings, lubricants, and crucibles utilized in quite a lot of functions.

The corporate in March 2020 mentioned that it’s planning to arrange a Rs 900-core built-in carbon black facility in Ballari district, Karnataka, with a complete capability of three,00,000 tonnes each year. Nonetheless, with delays attributable to Covid-19 the plant will likely be commissioned by October 2020, the corporate mentioned.

Carbon black is an additive utilized in rubber merchandise equivalent to tyres, colouring pigment inks and in addition as electrical conducive brokers for high-tech gadgets.