Saudi Arabia boosts energy storage market with carbon nanotube technology -Lithium - Ion Battery Equipment
Saudi Basic Industries Corporation (SABIC) recently announced that it has acquired a majority stake in the nanotechnology company BlackDiamond Structures (BDS). BDS carbon nanotube technology will help the Special Materials Department solve several important challenges in the current energy storage market.
Saudi Basic Industries Corporation (SABIC) recently announced that it has acquired a majority stake in the nanotechnology company BlackDiamond Structures (BDS). BDS, founded in 2014, is mainly engaged in the production and commercialization of the proprietary technology MOLECULARREBAR of modified carbon nanotubes, which can significantly improve the performance of lead-acid and lithium ion batteries, and has a good prospect in the field of energy storage.(Lithium - Ion Battery Equipment)
The acquired BDS will become a new business under SABIC Special Materials Department. BDS's carbon nanotube technology will help the Special Materials Department solve several important challenges in the current energy storage market. Especially for battery manufacturers, BDS technology will bring breakthrough advantages in improving charging rate, extending battery life, increasing energy density, etc. Liang Minshuo, vice president of SABIC Special Materials Department, said that MOLECULARREBAR technology would bring new opportunities to SABIC Special Materials Department, strengthen its innovation ability in the field of material science, and improve the performance of special resins and functional modifiers.
John Hacskaylo, CEO of BDS, said that this proprietary nano material can be directly applied to the existing battery production process without additional investment, so that manufacturers can quickly improve the next generation of batteries. It is understood that the existing conventional carbon nanotubes are prone to entanglement, caking and high residual impurities, which limits their ability to enhance the electrical and mechanical properties of materials in practical applications. In contrast, BDS's MOLECULARREBAR technology can produce carbon nanotubes with uniform aspect ratio, clean and discrete distribution, so it is an ideal choice for high-performance energy storage applications.
In addition, MOLECULARREBAR will also play an important role in the lightweight and miniaturized design of the new generation battery. This not only caters to the urgent demand for thin and light batteries in the global hybrid and electric vehicle market, but also reduces the battery production cost, helps manufacturers to increase production and expand the scale effect.
Saudi Basic Industries Corporation (SABIC) recently announced that it has acquired a majority stake in the nanotechnology company BlackDiamond Structures (BDS). BDS, founded in 2014, is mainly engaged in the production and commercialization of the proprietary technology MOLECULARREBAR of modified carbon nanotubes, which can significantly improve the performance of lead-acid and lithium ion batteries, and has a good prospect in the field of energy storage.(Lithium - Ion Battery Equipment)
The acquired BDS will become a new business under SABIC Special Materials Department. BDS's carbon nanotube technology will help the Special Materials Department solve several important challenges in the current energy storage market. Especially for battery manufacturers, BDS technology will bring breakthrough advantages in improving charging rate, extending battery life, increasing energy density, etc. Liang Minshuo, vice president of SABIC Special Materials Department, said that MOLECULARREBAR technology would bring new opportunities to SABIC Special Materials Department, strengthen its innovation ability in the field of material science, and improve the performance of special resins and functional modifiers.
John Hacskaylo, CEO of BDS, said that this proprietary nano material can be directly applied to the existing battery production process without additional investment, so that manufacturers can quickly improve the next generation of batteries. It is understood that the existing conventional carbon nanotubes are prone to entanglement, caking and high residual impurities, which limits their ability to enhance the electrical and mechanical properties of materials in practical applications. In contrast, BDS's MOLECULARREBAR technology can produce carbon nanotubes with uniform aspect ratio, clean and discrete distribution, so it is an ideal choice for high-performance energy storage applications.
In addition, MOLECULARREBAR will also play an important role in the lightweight and miniaturized design of the new generation battery. This not only caters to the urgent demand for thin and light batteries in the global hybrid and electric vehicle market, but also reduces the battery production cost, helps manufacturers to increase production and expand the scale effect.
