TACC Ltd, a subsidiary of HEG Ltd, has joined forces with Ceylon Graphene Technologies (CGT), a joint venture between LOLC Advance Technologies and the Sri Lanka Institute of Nanotechnology, to set up a cutting-edge graphene manufacturing facility at TACC’s premises in India.
Strategic Partnership to Drive Graphene Technology
The collaboration follows a non-binding Memorandum of Understanding (MOU) between TACC Ltd and CGT aimed at advancing graphene technology and unlocking its immense potential across various industries.
HEG, a leading manufacturer of graphite electrodes, announced the partnership through a regulatory filing.
Manufacturing Facility to Boost Global Graphene Supply
The new facility will focus on large-scale graphene production, providing sustainable and innovative solutions for global markets.
While the regulatory filing did not disclose the investment amount for the project, the joint venture aims to produce high-quality graphene materials and derivatives.
By leveraging Sri Lanka’s premium vein graphite and TACC’s synthetic graphite expertise, both companies plan to make significant strides in the development of advanced graphene-based solutions.
Graphene’s Vast Potential Across Industries
Graphene is a groundbreaking material composed of a single layer of carbon atoms arranged in a hexagonal lattice.
Known for its extraordinary strength, conductivity, and lightweight properties, graphene is considered a game-changer across multiple industries.
As reported by lankaweb.com, its applications extend to electronics, energy storage, coatings, composites, construction materials, textiles, and beyond, positioning it as one of the most transformative materials in modern science and technology.
