HEG's Subsidiary TACC Partners with Ceylon Graphene Technologies to Accelerate Graphene Commercialization
The partnership targets transformative advancements across multiple high-growth sectors like construction, textiles, and energy storage, potentially positioning HEG's subsidiary at the forefront of next-generation material science and opening substantial new market opportunities.
The collaboration aims to accelerate commercialization and large-scale adoption of graphene, a revolutionary material, which signifies significant growth potential and technological advancement for HEG's subsidiary.
HEG Limited's wholly-owned subsidiary, TACC Limited, has signed a Technical Collaboration Agreement with Ceylon Graphene Technologies (CGT), a subsidiary of LOLC Holdings PLC. The partnership aims to jointly accelerate the commercialization and large-scale adoption of graphene and its derivatives.
* CGT will provide its decade-long expertise in graphene, technology scale-up, and application development to support TACC in building state-of-the-art graphene production capabilities. * TACC will leverage its understanding of graphite technology and carbon science, proprietary graphene synthesis processes, and expertise in application-based derivatives to drive innovation. * This collaboration unites the LNJ Bhilwara Group (HEG's parent) and the LOLC Group, aiming for a strong foundation for innovation and growth. * TACC is already engaged in collaborations for graphene applications: * In construction, with the National Council for Cement and Building Materials (NCB) and the Central Road Research Institute (CRRI) for graphene-based concrete solutions. * In textiles, with Birla Cellulose and RSWM Limited for graphene in fabric innovation. * The partnership is expected to drive transformative advancements across multiple sectors including construction, textiles, coatings, rubber, and energy storage, positioning India at the forefront of next-generation material science. * Under the agreement, TACC and CGT will: * Collaborate on engineering design, production scale-up, commissioning, and product validation. * Undertake feasibility studies and risk mitigation planning, focusing on commercial viability and environmental compliance. * Accelerate product trials, validation, and commercialization of graphene-based technologies through shared technical expertise and data.
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HEG Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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