Himadri to Boost Sicona Stake, Citing Silicon Carbon's EV Range and Charging Breakthroughs.

Himadri Speciality Chemical is considering increasing its stake in Australian battery materials company Sicona Battery Technologies within the next year. This was revealed by Himadri's Chairman and Managing Director, Anurag Choudhary, in an exclusive interview with businessline.

Choudhary emphasized the strategic importance of Sicona's advancements, stating that silicon carbon technology is poised to significantly boost electric vehicle (EV) mileage and enhance battery performance. This move underscores Himadri's commitment to the burgeoning EV sector and its supporting technologies.

In the same interview, Choudhary also provided an update on Birla Tyres Ltd., of which Himadri, a leading speciality carbon black manufacturer, is a part owner. He indicated that the pan-India re-launch of Birla Tyres is anticipated to take approximately 12 to 14 months.