Birla Carbon, a manufacturer and supplier of high quality carbon solutions, has acquired Nanocyl, a Belgium-based firm that deals in multi-wall carbon nanotubes.
The acquisition expands Birla Carbon’s presence in the Energy Systems market, creating a leadership position in material critical to Lithium Ion battery performance along with other conductive applications.
Speaking about the acquisition, Dr. Santrupt Misra, Group Director, Birla Carbon;
Director, Chemicals & Director, Group H.R., Aditya Birla Group, said, “Birla Carbon has been nurturing a number of innovation opportunities in its effort to realise its multi-prong sustainability agenda. The acquisition of Nanocyl is a clear 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."
John Loudermilk, President and Chief Executive Officer, Birla Carbon, said, "We are thrilled to welcome Nanocyl into the Birla Carbon family. Laurent and his experienced team have been pioneers in the field of carbon nanotubes that provide unique performance characteristics for a wide range of applications, most notably energy systems such as lithium-ion batteries.”