Page 133 - CW E-Magazine (3-6-2025)

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LITHIUM BATTERY TECHNOLOGY
N,N,N,N-Tetramethyl Ethylene Diamine
Himadri to acquire 16.24% stake in US-based IBC

Speciality carbon black maker,
“This partnership marks a pivotal step
Himadri Speciality Chemical, said Himadri Speciality Chemical, said,
its board has approved acquisition of (TMEDA) in Himadri’s global clean-tech strategy
16.24 percent stake in US-based lithium- and our entry into the LiB component
ion batteries maker International materials market. Anode and cathode
Battery Company (IBC) for a cash con- materials are the most critical compo-
sideration of around Rs.37.47-crore nents of a lithium-ion cell, accounting
($4.43-mn). for nearly 65 percent of its total cost and DIETHYL HYDROXYLAMINE 85% & 98%
scheduled to commence operations by directly infl uencing its performance and
In a stock exchange fi ling, the the fourth quarter this fi scal. reliability.” DEHA 85% & 98%
Kolkata-based company said this pro-
posed investment in IBC marks the “Through this alliance, Himadri Mr. Choudhary said this is a win-win
start of the commercial deployment of gains strategic access to IBC’s robust collaboration – one that brings together
its LFP cathode active and anode ma- manufacturing infrastructure in South deep material science and advanced bat-
terials. “Through this alliance, Himadri Korea and its upcoming Gigafactory tery technology to shape the future of MONO, DI, TRI
also gains strategic access to IBC’s in Bengaluru, enabling commercial sustainable energy. “Together, we are
robust manufacturing infrastructure in testing and deployment of its New building a scalable, high-impact eco- DIETHYL TOLUAMIDE
South Korea and its upcoming Gigafac- Energy Materials. This partnership also system that will power the next wave of
tory in Bengaluru,” it said. opens the doors for Himadri to further clean mobility and energy solutions not DEET
enhance its global reach by tapping only in India but across the globe,” he
The proposed stake acquisition will into IBC’s rapidly expanding customer added.
give Himadri representation on IBC’s base across the US, India, and East
board. IBC is a leading innovator in Asia. In return, IBC secures a reli- Mr. Priyadarshi Panda, Founder and
prismatic cell technologies designed able supply of high-quality anode and CEO, IBC, said, “We are excited to have
for energy storage and mobility appli- cathode materials – critical to battery Himadri join us as a strategic partner.
cations across global markets. It ope- performance and cost – while benefi t- Their deep expertise in LFP cathode
rates a 50-MWh lithium-ion battery cell ing from Himadri’s deep expertise in active and anode materials and forward-
facility in South Korea, which began materials science, supply chain man- looking global approach makes them a
production in 2023, and is developing agement, and global market presence,” strong fi t for our long-term goals. This
a Gigafactory in Bengaluru through its a press note released on the occasion collaboration comes at a pivotal time as
joint venture with Mahanagar Gas Ltd. said. we scale our manufacturing and broaden
(MGL). our reach through a strong roadmap and
Commenting on the partnership, truly emerge as a global chemistry
The Bengaluru Gigafactory is Mr. Anurag Choudhary, CMD & CEO, agnostic product company.”

Chemcrux, Deepak Nitrite inks purchase & marketing
agreement for PNBA

Vadodara-based Chemcrux Enter- subsidiary Deepak Chem PNBA is used as
prises has inked an exclusive purchase Tech for manufacturing an intermediate for
and marketing agreement with Deepak of PNBA. The PNBA bulk drugs especially
Nitrite for para nitro benzoic acid will be manufactured by in the manufacturing
(PNBA). Chemcrux Enterprises of folic acid and para STAR EXPORT HOUSE
and marketed by Deepak aminobenzoic acid GOVERNMENT RECOGNISED
The agreement involves supply of Nitrite. The agreement is (PABA), besides its
raw materials by Deepak Nitrite and/or its valid for three years. use in making of dyes.

132 Chemical Weekly June 3, 2025 Chemical Weekly June 3, 2025 133

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