Nanovace Technologies Ltd, a subsidiary of PCBL Chemical Ltd, announced on Wednesday that it has been granted a US patent for its innovative method of developing nanomaterials aimed at the next generation of energy storage solutions. This achievement represents a major advancement in the company’s ongoing research and development efforts and strengthens its intellectual property portfolio in the growing energy storage market, as stated in a regulatory filing.
The company highlighted that this patent not only validates its technological advancements but also opens up new avenues for potential partnerships, licensing agreements, and commercial opportunities in international markets. Nanovace is currently working on establishing a pilot plant at PCBL’s Palej facility in Gujarat, which is expected to be operational by the third quarter of FY’26. The plant will demonstrate the scalability of the patented technology for industrial use.
PCBL holds a 51% stake in Nanovace Technologies, with the remaining 49% owned by Kindia Private Ltd. The joint venture is primarily focused on developing nanosilicon materials for lithium-ion battery anodes. PCBL has previously announced plans to invest USD 44 million in Nanovace to acquire intellectual property, set up the pilot plant, and later establish a commercial-scale manufacturing facility for these advanced energy storage materials.
PCBL (formerly Phillips Carbon Black Limited), part of the RP-Sanjiv Goenka Group, is a prominent global player in the carbon black industry. With decades of expertise, PCBL has established a robust manufacturing network and state-of-the-art facilities to produce high-quality carbon black for a wide range of applications, including tires, plastics, coatings, and inks.
The company is also known for its focus on innovation and sustainability, consistently enhancing its product offerings to meet the evolving demands of its customers across more than 45 countries. Its emphasis on research and development has enabled PCBL to launch specialized products like high-performance grades and environment-friendly variants, further strengthening its market position.
PCBL has been actively investing in capacity expansion and modernization to meet the increasing global demand for carbon black. Recently, it commissioned an additional 20,000 MTPA capacity at its Mundra plant, doubling its specialty black production and reinforcing its presence in the specialty chemicals segment. This move aligns with the company’s vision of sustainable growth, as it integrates advanced manufacturing practices that reduce environmental impact.
With a strong focus on energy efficiency, PCBL generates green power from its plants, contributing significantly to its sustainability goals. As a trusted partner to leading global brands, PCBL continues to innovate and grow, positioning itself as a key player in driving the carbon black industry’s future.
