Epsilon Carbon, a coal tar derivatives company has commissioned the country’s first manufacturing facility in Karnataka to produce graphite anode materials for lithium-ion batteries (LiB).
Epsilon Carbon plans to invest Rs 5 billion over the next five years in the facility that would produce 5,000 tonnes of anode material annually. It plans to triple this capacity to 15,000 tonnes in 2021 and to 50,000 tonnes per annum by 2025.