PCBL Chemical Ltd has taken a significant step in enhancing its speciality product offerings by signing a technology transfer agreement with China’s Ningxia Jinhua Chemical Co. This move enables PCBL to manufacture Acetylene Black in India, a high-end conductive material with critical applications in power cables, lithium-ion batteries, electric vehicle (EV) charging, semiconductor packaging, and conductive coatings.
At 12:07 PM on February 17, 2025, PCBL’s share price was trading marginally lower at ₹346.70.
With the Indian battery industry witnessing exponential growth, PCBL’s decision to establish its first Acetylene Black plant in the country aligns with the increasing domestic and global demand for conductive materials. This strategic move is aimed at building resilient supply chains for critical materials used in batteries, semiconductors, and electrical applications.
PCBL has been actively diversifying its speciality product line in recent years. The company has introduced over 50 grades under its Bleumina brand for engineered plastics, Nutone for inks, paints, and coatings, and Energia for conductive applications such as electrostatic discharge and battery components. The inclusion of Acetylene Black will significantly reinforce its position in the fast-growing conductive materials segment.
Furthering its commitment to innovation, PCBL has also set up a joint venture company, Nanovace Technologies Ltd, to develop nano-silicon products for lithium-ion battery anodes. A pilot plant at PCBL’s Palej site is expected to be operational in the coming months. The addition of Acetylene Black technology complements PCBL’s focus on macro trends such as energy transition, grid renewal, automotive electrification, and semiconductor industry expansion.
The global market for Acetylene Black, currently estimated at 60,000 metric tonnes (MT), is projected to grow at a compound annual growth rate (CAGR) of 19-20%, reaching approximately 1,50,000 MT by 2030. By acquiring this technology, PCBL is positioning itself to capitalise on high-growth sectors, enriching its product mix, and enhancing its profit margins.
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Published on: Feb 17, 2025, 3:59 PM IST
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