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Himadri Speciality Chemical makes strategic investment in Sicona Battery Technologies
May-31-2023

Himadri Speciality Chemical has made strategic investment of $10.32 million AU in Sicona Battery Technologies, Australia. Himadri's decision to invest in Sicona aligns with its vision to produce high quality anode materials and reinforces the company's commitment to exploring innovative technologies in the battery material segment. The investment by Himadri will accelerate product and technology development for Sicona and expedite the commercial deployment of this technology. 

The technological and advanced capabilities of Sicona align with Himadri's vision to manufacture high-quality anode materials and opens the door for innovation in sustainability. As part of its strategic investment, Himadri will have two nominee directors on Sicona's board, enabling close collaboration and synergy between the two companies.

Himadri Speciality Chemical is primarily engaged in the manufacturing of carbon materials and chemicals. The company has operations in India and caters to both domestic and international markets.


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