HEG subsidiary joins forces with Sri Lanka's CGT to establish graphene manufacturing facility in India

TACC Ltd, a wholly-owned subsidiary of HEG Ltd, has announced a partnership with Sri Lanka-based Ceylon Graphene Technologies (CGT) to establish a state-of-the-art graphene manufacturing facility at TACC’s premises in India. CGT is a joint venture between LOLC Advanced Technologies and the Sri Lanka Institute of Nanotechnology.

The collaboration follows the signing of a non-binding Memorandum of Understanding (MoU) between TACC and CGT to advance graphene technology and explore its diverse applications, according to a regulatory filing by HEG, a leading graphite electrode manufacturer under the LNJ Bhilwara Group.

The proposed facility aims to enable large-scale production of graphene, facilitating the delivery of sustainable and innovative solutions to global markets. While HEG did not disclose the financial investment involved, the regulatory filing emphasized the strategic importance of the partnership.

“This MoU establishes a strategic collaboration between TACC and CGT to jointly explore the manufacturing of graphene and its derivatives, leveraging Sri Lanka’s premium vein graphite and TACC’s synthetic graphite expertise. Together, the two companies aim to develop high-quality graphene materials and solutions,” the filing stated.

Graphene, a groundbreaking material composed of a single layer of carbon atoms arranged in a hexagonal lattice, is renowned for its exceptional strength, conductivity, and lightweight properties. It is considered a game-changer across industries, enabling advanced applications in electronics, energy storage, coatings, composites, construction materials, textiles, and more.