Indian coal tar firm gets in battery service

• Epsilon Carbon has appointed a new manufacturing center to produce artificial graphite anode products for lithium-ion batteries. It intends to spend US$ 70 million over the following 5 years to increase the plant's capacity to 50,000 tons.

Coal tar derivatives professional Epsilon Carbon has revealed its foray right into the lithium-ion battery materials organisation with the appointing of a center to produce 5,000 tons of synthetic graphite anode materials each year.

The firm prepares to triple this unit capacity to 15,000 lots in 2021 and also even more expand to 50,000 heaps per year by 2025. It will certainly invest US$ 70 million over the following five years to meet this capacity target.

"The battery materials service is housed under a brand-new subsidiary, Epsilon Advanced Materials, formed to end up being a favored distributor of artificial graphite material to cell producers and power storage device firms around the world" the business claimed.