Himadri Speciality Chemical Expands Battery Tech Portfolio with Sicona Investment and Licensing Agreement

Himadri Speciality Chemical Ltd has announced a strategic investment of AUD 1.5 million in Sicona Battery Technologies, reinforcing its commitment to advancing battery material innovation. The company has also approved a technology licensing agreement with Sicona, aiming to leverage cutting-edge silicon anode technology for lithium-ion batteries.  

 

Industry Developments:  

- Himadri’s investment aligns with its vision to enhance high-quality anode materials for lithium-ion batteries.  

- Sicona specializes in silicon-composite anode technology, which offers significantly higher capacity than conventional graphite anodes.  

- The partnership is expected to accelerate product development and commercial deployment of advanced battery materials.  

- Himadri will have nominee directors on Sicona’s board, fostering collaboration and synergy between the two companies.  

- The technology licensing agreement enables Himadri to integrate Sicona’s innovations into its manufacturing processes, strengthening its position in the battery materials sector.  

 

Sources: Indian Chemical News, Business Standard, Autocar Professional, PV Magazine India.