Epsilon Carbon, Alba Sign $20 Mn Pact; IPO Planned by 2027

04 Nov 2025 CW Team

Epsilon Carbon, India’s largest coal tar pitch (CTP) manufacturer, has signed a Memorandum of Understanding (MoU) worth $20 million with Aluminium Bahrain (Alba) to explore a long-term supply partnership for liquid CTP. The MoU was signed on the sidelines of the Gateway Gulf 2025 event.

The agreement will strengthen Epsilon Carbon’s presence in the Middle East, where aluminium smelters between Bahrain, Qatar and Saudi Arabia collectively consume around 250,000 tonnes of CTP annually. The company aims to establish a dedicated pitch centre in Bahrain to cater to Alba and other GCC smelters.

Epsilon Carbon has manufacturing units in Karnataka, Chhattisgarh and Odisha, and is expanding its battery-materials operations across the USA, Finland and Germany. The company has announced investments of Rs 100 billion in Odisha and Rs 5 billion in Karnataka.

Coal tar pitch, a key derivative of coal processing, is used in the production of carbon anodes and cathodes for aluminium smelting and is also integral to electric-vehicle battery manufacturing.

Equipment

29 Nov 2025

Powering India’s Infra Future

Excon 2025, South Asia’s largest construction equipment exhibition, is set to return in a grand 13th edition from 9-13 December 2025 at the Bangalore International Exhibition Centre (BIEC), Bengaluru. Organised by the Confederation of Indian Industry (CII) and supported by the Indian Construction Equipment Manufacturers’ Association (ICEMA), the mega event is expected to reinforce its position as the premier marketplace for construction technologies, equipment and infrastructure solutions. The event will host over 1,250 exhibitors, including 160+ international participants, and attract mor..

India will be a strategic part of our growth to 2028

Smiley Monroe is strengthening its footprint in India as a key growth market for its conveyor belts and engineered components business. In this interaction, Prabhu Gopinath, Operations Director, outlines the company’s expansion roadmap, quality focus, and sustainability commitments driving future scale.Can you share Smiley Monroe's journey and its core mission?Smiley Monroe was started in Northern Ireland in 1979, supplying conveyor belts to local quarries. Since then, the company has grown to become a global leader in the supply of endless belts and CNC-cut rubber and plastic part..

Infra Engineers India Pvt Ltd Accelerates Hybrid Excavation

Infra Engineers India Pvt Ltd (IEPL), headquartered in Chennai, has emerged as a trusted name in the used construction equipment business for nearly a decade. What sets IEPL apart is its commitment to research and development, consistently pushing the boundaries of innovation to deliver cutting-edge solutions to the industry.A first-of-its-kind hybrid excavatorAmong IEPL’s most significant achievements is the development of the pioneering Dual Electric & Diesel Hybrid Excavator—the first of its kind in the construction equipment industry, a breakthrough that even major OEMs have yet to..