Nanotechnology Now - Press Release: OCSiAl receives the green light for Luxembourg graphene nanotube facility project to power the next generation of electric vehicles in Europe

Home > Press > OCSiAl receives the green light for Luxembourg graphene nanotube facility project to power the next generation of electric vehicles in Europe

Abstract:
OCSiAls graphene nanotube synthesis facility, expected to be the largest of its kind, is scheduled to begin production in 2025
The new production facility is expected to increase the current production capacity of OCSiAl by several times OCSiAl believes that the capacity of the new synthesis facility will be enough to supply nanotube solutions for batteries for up to 10 million electric vehicles (EVs)
OCSiAls state-of-the-art technology center will contribute to the development of advanced materials for the automotive and other industries across Europe

OCSiAl receives the green light for Luxembourg graphene nanotube facility project to power the next generation of electric vehicles in Europe

Luxembourg | Posted on March 4th, 2022

OCSiAl, the worlds largest manufacturer of graphene nanotubes, a game-changing material that has potential applications across up to 50% of the global materials market, has been granted approval by Luxembourg authorities for a production plant, together with an associated R&D center, in Differdange, Luxembourg. The facility would further cement OCSiAls strategic advantage as the leading supplier of the supermaterial and enhance the geographic accessibility of graphene nanotubes to the growing EV components markets in Europe. In the state-of-the-art graphene nanotube R&D center, talented scientists and engineers will develop nanotube solutions for the transportation of the future.

A graphene nanotube is a unique form of carbon that can be imagined as a graphene sheet, with a thickness of one atom, rolled into a tube. One of the best electrical conductors on earth, graphene nanotubes are 100 times stronger than steel, but lighter than aluminum. When added to a material, nanotubes create a strong, conductive skeleton inside the material that results in a substantial improvement to the materials targeted properties. The use of elastomers, thermoplastics and thermosets, reinforced with graphene nanotubes, will lead to the development of lightweight smart car bodies; safe, energy-efficient tires; and long-lasting, high-performance batteries for EVs. Today, OCSiAls nanotubes are applied in serial production by a number of leading lithium-ion battery manufacturers. The new facility is expected to increase OCSiAls production capacity, which could supply nanotubes for up to 10 million lithium-ion battery-powered EVs per year. The total number of EVs sold around the world in 2021 was 6.5 million.

Our state-of-the-art graphene nanotube facility in Luxembourg will be positioned near more than 20 gigafactories in Europe, many of which are already our partners. Its strategic location between Belgium, France and Germany will allow us to reduce logistics costs and work closely with leading automakers, the largest chemical producers and large tire manufacturers across Europe, said Konstantin Notman, Chief Executive Officer of OCSiAl Group. He added, With the new facility, well be able to supply these leading industries with advanced materials for the next generation of EV components.

OCSiAl plans to invest $300 million in the development of the cutting-edge facility, which was designed to minimize the usage of energy and resources as well as to protect the population and the biodiversity in the surrounding environment from any negative impact. Moreover, graphene nanotubes contribute to sustainable development by giving industries the ability to create next-generation products with previously unachievable properties and with less raw material required.

OCSiAls headquarters and one of the companys three graphene nanotube development centers are already located in Luxembourg. The new facility will expand the companys global footprint and is expected to increase its headcount by 300 across research and production. Over 1,500 industry players in more than 50 countries are developing technologies and products based on OCSiAls graphene nanotubes. In some products, graphene nanotubes have become a key component. For instance, batteries with OCSiAl nanotubes are already in serial production by a number of leading lithium-ion battery makers. Two of the five largest global tire manufacturers are at an advanced R&D stage with OCSiAls nanotubes, and seven of the ten largest global coatings producers are conducting advanced industrial trials. According to third-party analysis, the total addressable market for OCSiAls graphene nanotube products and technology is expected to surpass $400 billion by 2035.

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About OCSiAl Group
Headquartered in Luxembourg, OCSiAl Group is the worlds largest manufacturer of graphene nanotubes (also known as single wall carbon nanotubes). It has more than 450 employees worldwide in countries including the United States, Europe, China, Russia, India, Japan, and South Korea. Current annual production capacity is 90 tonnes, which accounts for 97% of the worlds graphene nanotube production capacities. OCSiAl develops graphene nanotube solutions for electrochemical power sources, elastomers, paints, coatings, composites, and plastics.

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Contacts:
Anastasia Zirka
Senior PR & Advertising Manager
OCSiAl Group
+7 913 989 9239

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