Signs a technology transfer agreement with Ningxia Jinhua
PCBL Chemical Ltd has signed a technology transfer agreement with Chinese enterprise Ningxia Jinhua Chemical Co. To manufacture acetylene black in India.
Acetylene black is a high-end conductive grade chemical with application in high voltage energy cables, EV charging, Li Ion batteries, Semiconductor packaging and conductive plastics, paints & coatings applications.
PCBL plans to installation its first acetylene black plant in India to satisfy the fast-growing needs of Indian Battery industry and export to the global battery, semiconductor and conductive markets, thereby aligning with marketplace demands to construct more resilient deliver chains for crucial conductive materials.
Over the previous couple of years, PCBL has considerably multiplied its specialty portfolio. It has released over 50 grades under Bleumina brand for engineered plastics, Nutone for inks, paints and coating packages and Energia for conductive applications like conductive polymers, electrostatic discharge, wires and cables and battery. The addition of Acetylene black could considerably sustain its capabilities to give several grades in the rapid-growing conductive segment.
PCBL has currently positioned a Joint Venture enterprise, Nanovace Technologies Ltd to evolve nanosilicon products to be utilize in anodes of Li-Ion batteries. The pilot plant at PCBL Palej site could be ready within the following few months.
Acetylene black technology addition is in sync with PCBL’s strategy to agree developed vectors with global macro traits like energy transition, grid renewal, auto electrification and semiconductor industry development.
The marketplace size of acetylene blacks, that’s presently around 60,000 MT, is valued to expand with the aid of around 19-20% CAGR and reach around 150,000 MT by 2030.
Accession of this technology will allow PCBL’s participation in these speedy boom market segments, expanding transferring up the value ladder, improving product mix and thereby heading to considerable enhancement in margin profile.
PCBL targets to be a main player in conductive material segments. With this technology accession, PCBL now has numerous conductive technology platforms- Furnace Black, Nanovace and Acetylene Black, making it part of choose membership of multi-platform Carbon Black producers. This accession will in additionally boost up PCBL’s transition to development led and tech driven enterprises.