Epsilon Advanced Materials Forays Into Battery Material Business by Commissioning Manufacturing Facility to Produce Synthetic Graphite Anode Materials for Lithium Batteries
Epsilon Carbon, India’s leading coal carbon company, is diversifying into the battery material business to develop and manufacture high performance and quality carbon products for anode components of Lithium Ion Batteries (LiB).
The battery materials business is housed under a new subsidiary, Epsilon Advanced Materials, formed with the purpose of becoming a preferred supplier of synthetic graphite material to cell manufacturers and energy storage device companies across the globe. Epsilon has protected its knowhow and technology by filing patents globally. This filing enhances the strength of the intellectual property the company holds in the field of synthetic graphite anodes for Lithium Ion Battery.
Epsilon Advanced Materials is the first global player that is fully backward integrated from raw coal tar to the synthetic graphite anode product. This allows us to supply consistent and high-quality anode materials to the LIB supply chain.
Epsilon Advanced Materials has commissioned production in India to produce 5000 Tonnes of anode material annually. It plans to triple this unit capacity to 15,000 tonnes in 2021 and further expand to 50,000 tonnes per annum by 2025. Epsilon will be investing 70 Mil USD over the next 5 years to meet the capacity target of this unit.
Trials have been initiated with anode material producers and cell manufacturers globally to start the qualification phase. This is a key step towards company’s evolution plan to become the world’s first vertically integrated and sustainable producer of high-performance synthetic anode material in LiB supply chain.
Epsilon has set-up a target-oriented research and development laboratory to cover complete array of carbon material testing as well as cell & pouch lithium battery cell testing to improve the quality of the material further by continuous development jointly with customers. Epsilon is also exploring working with Si-Graphite Anode players to jointly develop the next generation of Si-Graphite composite anodes. Epsilon Carbon operates India’s first and largest integrated Carbon complex in an environmentally friendly and sustainable manner with carbon footprint 10% lower than global peers and is focused on providing sustainable materials to the LiB supply chain globally.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-ANDERSEN-GLOBAL15.1.2021 11:01:39 CET | Pressemeddelelse
Andersen Global træder ind i Sverige i samarbejde med Unum Tax
H.I.G.-CAPITAL15.1.2021 09:02:41 CET | Press release
H.I.G. Realty Invests in Production Studios & Content Hub in Madrid
EUROFINS15.1.2021 07:32:43 CET | Press release
Eurofins, the global leader in analytical testing, expands worldwide face mask testing & certification capabilities
IPSEN15.1.2021 07:02:42 CET | Press release
TOXINS 2021: New analyses of pivotal Phase III trial data highlight long duration of response for Dysport® (abobotulinumtoxinA) in five therapeutic indications
CA-VELODYNE-LIDAR14.1.2021 22:00:32 CET | Press release
Velodyne Lidar Commends NHTSA Plan to Update NCAP
MA-VERISTAT14.1.2021 19:17:36 CET | Press release
Veristat Supported Marketing Applications for 10% of All FDA Novel Drug Approvals in 2020
CA-TIGO14.1.2021 17:35:33 CET | Press release
Tigo Energy Raises $20 Million in Funding
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom