Birla Carbon Acquires Belgium’s Nanocyl for Lithium Generating Carbon Solutions By Saur News Bureau/ Updated On Thu, Oct 12th, 2023 Highlights : This acquisition expands Birla Carbon’s presence in the energy systems market, in material critical to Lithium Ion battery performance and other conductive applications. LG Energy Solution Vertech Secures 10 GWh ESS Project in US Birla Carbon, a manufacturer and supplier of carbon solutions, recently acquired Nanocyl SA, a Belgium-based firm working on multi-wall carbon nanotubes (MWCNT). This acquisition expands Birla Carbon’s presence in the energy systems market, in material critical to Lithium Ion battery performance and other conductive applications. The firm maintains that the key motive of the project is to expand the material portfolio for key markets and establish a leadership position in materials critical to LiB performance. Additionally, it also aims to leverage innovation to drive growth beyond carbon black. The inclusion of Nanocyl’s MWCNTs provides Birla Carbon a wide range of solutions for conductive applications. Speaking about the acquisition, Santrupt Misra, Group Director, Birla Carbon; Director, Chemicals & Director, Group H.R., Aditya Birla Group, said, “Birla Carbon has been nurturing several innovation opportunities in its effort to realize its multi-prong sustainability agenda. This acquisition of Nanocyl is a step towards executing its strategy in that direction. We hope that this partnership will enable Birla Carbon to be a significant player in the emerging energy systems space.” He further added, “Aditya Birla Group has been concentrating on investing in sustainability and circularity-driven initiatives led by innovation to be future-ready. The same is in line with our purpose: to enrich lives by building dynamic and responsible Businesses that inspire trust.” Birla Carbon describes Carbon Black as follows, “Also used in lithium-ion batteries Carbon Black is a hybrid carbon black/CNT conductive additive. The product provides increased electrical conductivity and power density to batteries and can also be provided as a pre-dispersion to improve ease of use for battery manufacturers.” Reliance Announces Battery Plans With Launch of Swappable Batteries Also Read Tags: Birla Carbon, Lithium-ion Batteries, Nanocyl