Epsilon Carbon plans expansion into Europe, US markets
May 12, 2021
Vikram Handa, Managing Director of Epsilon Carbon×
Joint venture with Beowulf Mining first of many such partnerships, says Vikram Handa
Manufacturer of coal tar derivatives Epsilon Carbon is looking to expand into the European and American markets by supplying gigafactories with locally-sourced anode material.
To start with, the company has signed an MoU with Beowulf Mining plc to establish a joint venture company in Finland. According to the agreement, Epsilon and Beowulf will jointly develop a strategic processing hub for both natural flake and recycled graphite in Finland.
“We are aiming to finish our feasibility report by this year-end,” said Vikram Handa, Managing Director of Epsilon Carbon Pvt Ltd. “After which we will set up a facility generating 10,000 tonnes of anode material every year.”