+
Anupam Rasayan to Develop Advanced Solvent for EV Batteries
POWER & RENEWABLE ENERGY

Anupam Rasayan to Develop Advanced Solvent for EV Batteries

Anupam Rasayan India Ltd. has signed a Letter of Intent (LOI) with Elementium Materials Inc., a US-based battery electrolyte company, for the development and supply of an advanced electrolyte solvent critical for electric vehicle (EV) batteries. The supply is expected to begin by the end of FY26, with the companies negotiating a five-year supply agreement valued between $350–450 million upon successful product development.

Anupam Rasayan will initially supply the product through its existing manufacturing facilities and may establish a new plant to meet full-scale production demands. Anupam Rasayan, a leading specialty chemicals manufacturer in India, operates six facilities in Gujarat, catering to 71 domestic and international customers, including 31 multinational companies.

Elementium Materials is a global leader in energy storage materials, developing high-performance electrolytes and battery technologies for a sustainable energy future.

Anupam Rasayan India Ltd. has signed a Letter of Intent (LOI) with Elementium Materials Inc., a US-based battery electrolyte company, for the development and supply of an advanced electrolyte solvent critical for electric vehicle (EV) batteries. The supply is expected to begin by the end of FY26, with the companies negotiating a five-year supply agreement valued between $350–450 million upon successful product development. Anupam Rasayan will initially supply the product through its existing manufacturing facilities and may establish a new plant to meet full-scale production demands. Anupam Rasayan, a leading specialty chemicals manufacturer in India, operates six facilities in Gujarat, catering to 71 domestic and international customers, including 31 multinational companies. Elementium Materials is a global leader in energy storage materials, developing high-performance electrolytes and battery technologies for a sustainable energy future.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code