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Himadri-backed Sicona secures AUD 45 million ARENA funding for battery technology
Sicona Battery Technologies secured significant funding for its advanced battery materials. This investment will build a commercial-scale demonstration facility in New South Wales. The new plant will produce silicon-carbon anode material for electric vehicles. This technology promises increased battery energy density and faster charging speeds. Himadri Speciality Chemical's stake in Sicona strengthens its clean energy strategy.
Reliance to turn crude into carbon fibre, green chemicals, other materials in major O2C overhaul
Reliance Industries is set to reinvent its oil-to-chemicals business. The company will convert crude oil into advanced materials and green chemicals. This strategy aims to create new revenue streams and reduce exposure to global energy market volatility. Reliance is committed to ensuring India's energy security by future-proofing its legacy business and building new growth engines.
Schaeffler India opens computational research infrastructure at FSID, IISC
Schaeffler India has announced the opening of a computational research infrastructure at the Foundation for Science Innovation and Development (FSID), Bengaluru. Part of Schaeffler India's purposeful engagement with IISC, premium research academia, this supported facility strengthens research capabilities by enabling HPC (High- Performance Computing) large-scale simulations, data-intensive modelling and advanced analytics across materials, energy systems, and sustainable mobility. Additionally, these improvements will foster stronger industry collaborations, improved research quality and efficiency, and increased relevance of research in industry projects.
India, EU pitch for joint initiative to strengthen EV battery recycling
India and the European Union have launched a new initiative to recycle electric vehicle batteries. This joint effort aims to secure raw materials and promote a circular economy. A funding pool of 15.2 million euro will support advanced recycling technologies and pilot projects in India. The program will bring together researchers, industries, and startups to develop innovative solutions.