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Specialty chemical manufacturer Anupam Rasayan India Ltd. is positioning itself in the energy storage market through a new partnership with Spain’s BasqueVolt SA. The two companies have signed a non-binding LOI to explore a long-term supply deal for a specialty chemical used in BasqueVolt’s next-generation solid-state lithium batteries. If finalized, the 10-year agreement could reach a total value of $300 million, pending successful product validation and contract negotiations.
News by Rahul Yelligetti.
