Page 126 - CW E-Magazine (24-6-2025)
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       SOURCING TIE-UPS
       Anupam Rasayan eyes battery chemicals supply

       deal with German fi rms; signs purchase agreement

       with Japanese fl uorochemicals fi rm


          Surat-based speciality  chemicals   Speaking about  the LoI,  Anand  Purchase agreement with Japanese
       fi rm, Anupam Rasayan Ltd., has signed  Desai, Managing Director of  Anupam  MNC
       a  Letter of Intent  (LoI)  with  E-Lyte  Rasayan, said, “This partnership is a signi-  In another development, Anupam
       Innovations GmbH, a German supplier of  fi cant step forward in our planned journey  Rasayan  announced the  signing of a
       electrolyte solutions for energy storage  of  diversifi cation  and  growth  into  the  long-term Master Purchase  Agree-
       and Fuchs Lubricants Germany GmbH,  energy storage segment. Our process opti-  ment (MPA) with a Japan-based multi-
       a subsidiary of Fuchs SE, working on  misation capabilities have played a pivo-  national conglomerate with leading
       innovative lubricant solutions.   tal role in ensuring the product’s valida-  position  in  global  fl uorochemicals
                                         tion, offering signifi cant advantages over  market.  The agreement establishes
          This LoI is considered the entry  its global commercial scenario. Addition-  comprehensive terms governing the
       point for Anupam Rasayan’s collabora-  ally, our backward integration in fl uorine  customer’s purchase of specialty
       tion with  European companies within  chemistry through our subsidiary, Tanfac  chemicals from Anupam Rasayan.
       the  battery value chain  to establish  Industries Ltd., provides raw material
       itself in  the fast-growing lithium-ion  supply chain security – a critical factor that   “The company is working with
       battery chemicals market.         contributed to signing this LoI. Anupam  the Japanese MNC to supply mul-
                                         will  be  one  of  the  fi rst  manufacturers  tiple niche molecules used across
          This agreement  will lay the foun-  of this molecule in India commercially,  diverse applications, including semi-
       dation of negotiating a supply contract  strengthening our foothold in the rapidly  conductor, data centre, electronics
       with an initial term of fi ve years. Com-  expanding  battery ecosystem. Entering  and others. Major molecules are set
       mercial deliveries could begin as early  the battery chemicals market positions  for commercialisation this year, with
       as FY27. The LoI envisions supply of  Anupam as a preferred partner for global  production ramping up next year and
       a volume of up to 1,500-tpa of Lithium  innovators in advanced energy solutions.  onwards. This collaboration not only
       Hexafl uorophosphate  (LiPF6),  based  This is one of the many products Anupam  highlights  Anupam’s  profi ciency  in
       on market conditions. The LoI is sub-  is  working  on  in  the  battery  space  that  fl uorination and custom synthesis but
       ject to standard terms as regards gene-  has been successfully agreed for supply  also demonstrates customer’s trust
       rally accepted rights for an agreement  to a customer, with several others in the  in Anupam’s quality and capability,”
       of this nature.                   pipeline.”                       said Mr. Desai.


       GROWTH STRATEGY
       Maxvolt Energy to expand lithium battery recycling

       capacity


          Ghaziabad-based Maxvolt Energy  posing plant  will be located  close to  and create a robust backend for India’s
       Industries has announced plans to expand  Maxvolt’s existing battery manufactur-  EV and ESS revolution,” said Satendra
       its lithium battery recycling with a  ing unit in Ghaziabad, enabling better  Shukla, Chief Business Offi cer and CEO,
       new facility proposed in Delhi NCR or  supply chain integration and operational  Maxvolt Energy.
       Western Uttar Pradesh. The company has  effi ciency.
       initiated the process of acquiring 22,000                             Maxvolt already runs a nationwide
       to 25,000 sq.m. of land for the project.  “The upcoming facility will enable  battery take-back and reuse programme
                                         large-scale recovery of valuable mate-  and is among the few companies
          The upcoming recycling and repur-  rials,  minimize environmental impact,  actively integrating battery repurposing


       126                                                                     Chemical Weekly  June 24, 2025


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