Carbon Black News

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• March 2023: Universal Matter UK Limited, a wholly-owned subsidiary of Universal Matter Inc., announced the acquisition of Applied Graphene Materials UK Limited and Applied Graphene Materials LLC, the principal operating subsidiaries of Applied Graphene Materials PLC. Through the acquisition, the company has strengthened its market presence.
• February 2023: Global Graphene Group announced that Honeycomb Battery Company, an advanced battery technology subsidiary of Global Graphene Group Inc., signed a business combination agreement with Nubia Brand International Corp. to develop battery materials. Honeycomb Battery Company is expected to use graphene produced by the Global Graphene Group.
• August 2022: Universal Matter entered a three-year collaborative innovation agreement with the ChemQuest Technology Institute. Through the agreement, the company has strengthened its growth and validation of Universal Matter’s graphene technology based on sustainable feedstocks.

• November 2023: BIOSORRA launched a production plant for biochar in East Africa at Thika in Kiambu County, Kenya. This biochar would be provided to Kenya Nut Company, a multinational agribusiness company involved in growing a wide range of products.
• November 2023: Pyreg GmbH launched Biochar Carbon Removal (BCR) through its carbonization systems. The company's Climate Finance Solutions (PCFS) is set to accelerate the deployment of its technology in the agriculture sector.
• June 2022: Airex Energy joined the BDO Zone Strategic Alliance as a technology group partner. It includes some of the leading companies in the bioenergy industry that help de-risk biobased project development in BDO Zones.

• November 2023: Carbon foam was obtained by scientists from the Institute of Catalysts of the Siberian branch of the Russian Academy of Sciences. The raw material for the new material is oil refining waste. The synthesis of this material does not need foaming agents.

• March 2022: Cabot Corporation sold off its activated carbon unit, Norit Activated Carbon, to One Equity Partners. Following the divestiture, Norit Activated Carbon became an independent company serving its customers with a broad portfolio of activated carbon solutions through its ten production facilities in seven countries.

• June 2023: PCBL Limited initiated two growth projects which incorporate the new plant expansion in Chennai, Tamil Nadu, and an existing plant project at Mundra, Gujarat. This expansion is divided into two stages, and the first stage of the specialty chemical line is expected to be put into operation by the first quarter of the fiscal year 2023-24. As a result, the overall manufacturing capacity of the company is estimated to reach 790,000 MTPA and 122 MW of renewable energy.
• February 2023: Balkrishna Industries Ltd (BKT) intensified its carbon black production activities and plans to increase capacity by almost 20% this year. The company will expand its Bhuj plant in the eastern Indian state of Gujarat to produce 198 kilotons per year. The Bhuj plant started operations in 2017 and has the capacity to produce 65 ktpa of carbon black grades for tire tread applications.
• In June 2022, ADNOC Distribution entered a new carbon black supply agreement with ADNOC, which will enable ADNOC Distribution to test the market for carbon black.

• October 2022: Imerys Imerys Graphite & Carbon Company announced the launch of a landmark lithium exploitation project ('the EMILI Project'). It may significantly reduce the need to import lithium and aid in producing nearly 700,000 electric vehicle batteries annually.
• April 2022: Chinese lithium battery materials maker Shanshan Corporation announced more investment from its four strategic investors through its wholly-owned subsidiary Shanghai Shanshan Lithium Battery Material Technology Co. Ltd. Wending Investment, BYD, Amperex Technology Limited (ATL), and the Kunlun Fund raised capital of USD 477 million.

• In February 2022, Element Six UK Ltd collaborated with II-VI Inc. Through this collaboration, II-VI licenses Element Six's intellectual property and necessary equipment would produce high-quality single-crystal diamonds to expand its core competency in diamond technology.
• In July 2021, Element Six UK LTD and the University of Warwick entered a partnership to develop the next generation of synthetic diamond-enabled technologies. Under this partnership, Element Six applied its renowned expertise and capabilities in advanced material solutions.

• January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
• December 2021: ExxonMobil introduced a line of synthetic engine oils, i.e., Mobil Super Pro, for SUVs in India.
• October 2021: Valvoline and Cummins extended their long-standing marketing and technology collaboration agreement for another five years. Cummins will endorse and promote Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will distribute Valvoline products through its global distribution networks.

• March 2023: Universal Matter UK Limited, a wholly-owned subsidiary of Universal Matter Inc., announced the acquisition of Applied Graphene Materials UK Limited and Applied Graphene Materials LLC, the principal operating subsidiaries of Applied Graphene Materials PLC. Through the acquisition, the company has strengthened its market presence.
• February 2023: Global Graphene Group announced that Honeycomb Battery Company, an advanced battery technology subsidiary of Global Graphene Group Inc., signed a business combination agreement with Nubia Brand International Corp. to develop battery materials. Honeycomb Battery Company is expected to use graphene produced by the Global Graphene Group.
• August 2022: Universal Matter entered a three-year collaborative innovation agreement with the ChemQuest Technology Institute. Through the agreement, the company has strengthened its growth and validation of Universal Matter’s graphene technology based on sustainable feedstocks.

• Jan 2024: Shell plc's subsidiary, Shell Lubricants, completes the acquisition of the United Kingdom-based MIDEL and MIVOLT from Manchester-based M&I Materials Ltd. It is to manufacture, distribute, and market the MIDEL and MIVOLT product lines as part of Shell’s global lubricants portfolio.
• Oct 2023: Hindustan Petroleum Corporation Limited (HPCL) and Chevron Brands International LLC, a subsidiary of Chevron Corporation, entered into a long-term agreement encompassing the licensing, production, distribution, and marketing of Chevron’s lubricant products under the Caltex brand. It includes Chevron’s proprietary Havoline and Delo branded lubricant products in India.
• Sep 2023: ENSO Oils & Lubricants partnered with Gazpromneft-Lubricants, a subsidiary of Gazprom Neft PJSC, to expand the distribution of lubricant assets in South Asia. ENSO will import and distribute Gazpromneft-Lubricants' range of oils and lubricants to meet the needs of various industries in India.