PCBL Chemical Ltd. has signed a technology transfer agreement with Ningxia Jinhua Chemical Co., a Chinese company, to produce Acetylene black in India.
Acetylene black, a high-end conductive chemical, finds applications in high voltage power cables, lithium-ion batteries, electric vehicle (EV) charging, semiconductor packaging, and conductive plastics, paints, and coatings.
Strengthening India’s Battery Industry Supply Chain
PCBL plans to set up its first Acetylene black plant in India to meet the rapidly growing demand in the Indian battery industry.
The plant will also serve global markets in batteries, semiconductors, and conductive sectors. This move aligns with PCBL’s strategy to build more resilient supply chains for critical conductive materials, particularly in high-demand markets.
Expansion of Specialty Portfolio
In recent years, PCBL has significantly expanded its specialty product range. The company has introduced over 50 new grades under the Bleumina brand for engineered plastics, nutone for inks, paints, and coatings, and energia for conductive applications such as conductive polymers, electrostatic discharge, wires, cables, and batteries.
The addition of acetylene black will enhance its offerings in the fast-growing conductive segment.
Strategic Move in Line with Industry Growth
The addition of acetylene black technology aligns with PCBL’s strategy to capitalize on global macro trends like energy transition, grid renewal, auto electrification, and semiconductor industry growth.
With the market for acetylene black projected to grow at a 19-20% CAGR, from 60,000 MT to around 150,000 MT by 2030, the acquisition enables PCBL to tap into these rapidly expanding market segments.
The expansion will elevate the company’s product mix, boost its margins, and strengthen its competitive edge.
Technological Advancements and Multi-Platform Approach
With the acquisition, PCBL joins a select group of manufacturers offering multiple conductive technology platforms.
PCBL already operates furnace black, nanovace, and now acetylene black, positioning itself as a one of the leading player in the conductive material market. This move accelerates PCBL’s transition to a tech-driven, innovation-led organization, further solidifying its position as a major player in the sector.
Focus on Future Innovation
PCBL is also advancing its innovation-driven goals through its recent joint venture, Nanovace Technologies Ltd., focused on developing nano-silicon products for use in lithium-ion battery anodes.
As reported by marketscreener.com, as the pilot plant at PCBL’s Palej site is expected to be ready in the coming months, further strengthening the company’s position in the rapidly evolving battery technology space.
