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Bora Carbon Black successfully acquires Nanocyl to expand the field of carbon nanotubes

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October 16, 2023, 9:06 AM

Recently, India's Bora Carbon Black Company announced that it had successfully completed the acquisition of Nanocyl Company and officially entered the field of carbon nanotubes.

Nanocyl, headquartered in Sambreville, Belgium, has long been a supplier of multi-walled carbon nanotubes. This acquisition not only marks a major strategic move for Bora Carbon Black in the field of carbon nanotubes, but also further expands the company's influence in the energy systems market. These carbon nanotube materials are crucial to improving the performance of lithium-ion batteries and other conductive applications.

Dr. Santrupt Misra, managing director of Bora Carbon Black Group, said the acquisition is one of "multiple innovation opportunities" in the company's long-term plans and is part of its broad sustainability agenda. The company particularly hopes to become a key player in the emerging energy systems space. He added that this strategic move also fits into Bora Group's broader strategy of focusing on sustainability and circulation-driven initiatives.

Laurent Kosbach, CEO of Nanocyl, said that Nanocyl expects that by being acquired by industry leader Bora Carbon Black, it will be able to maximize synergies and stimulate the potential of the material in end-use. With Bora Carbon Black's R & D expertise, product portfolio and market experience, Nanocyl is expected to reach a higher level in the field of carbon nanotube materials. These carbon nanotube materials can be used to strengthen various materials, including silicone, EPDM and plastic materials, and are expected to bring new development opportunities in many fields.