SABIC acquires majority stake in carbon nanotube business for energy storage applications
Green Car Congress
JANUARY 23, 2019
Saudi Arabia-based SABIC, a global leader in diversified chemicals, has taken a majority stake in Black Diamond Structures (BDS), a nanotechnology company established in 2014. In particular, BDS provides benefits to battery manufacturers looking for breakthrough improvements in charge rates, battery cycle life and energy density.
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