Birla Carbon enters Joint Development Agreement with CHASM Advanced Materials to Develop Nanotube Enhanced Carbons
Birla Carbon and CHASM join hands to create hybrids of carbon nanotubes and existing substrates to form new scalable nanomaterials for a wide variety of end-markets.
Birla Carbon and CHASM together will be accelerating the discovery and development of novel nanomaterials to benefit various market segments including high-performance tires, novel coatings, and next-generation batteries.
Sharing his views, Dr. Santrupt B. Misra, Chief Executive Officer, Birla Carbon, Director, Chemicals, and Director, Group Human Resources, Aditya Birla Group said, “We are very excited to have the opportunity to collaborate with CHASM Advanced Materials. The combination of CHASM’s expertise in nanotube enhancement and our deep knowledge of carbon substrates and applications offers us the chance to rapidly advance our understanding of these high-performance, scalable nanomaterials.”
“As one of the world’s leading producers of engineered nanomaterials, CHASM looks forward to collaborating with Birla Carbon, who offer us faster access to customers and markets. Their experience with large-scale manufacturing of engineered nanomaterials is outstanding,” stated David Arthur, SHASM, Chief Executive Officer and Co-founder.
The two companies, through this joint development agreement, will develop and manufacture hybrid nanomaterials based on carbon substrates and carbon nanotubes. The hybrid nanomaterials will combine the nanotube enhanced carbon (NTeC) technology of CHASM with the expertise of Birla Carbon in commercialization and manufacturing. By doing so, the companies jointly will be developing novel carbon nanomaterials tailored for performance in a wide variety of demanding applications.
The aim of the collaboration is of driving sustainable innovative solutions to address customer, consumer, and industry needs.
Carbon Nanotubes are extensively utilized in various industrial applications including electronics, polymers, medicine, aerospace, defense, automotive, and energy among a host of others.
As per an upcoming report of Stratview Research, Carbon Nanotubes (CNT) Market is likely to witness an impressive CAGR of 18.2% during the forecast period.
Source: Birla Carbon