PCBL Chemical’s subsidiary -- Nanovace Technologies has incorporated its wholly owned U.S. subsidiary namely ‘Nanovace Inc.’ in the state of Delaware. The company is exploring entering the highly lucrative battery chemicals market in USA. The subsidiary in USA will facilitate easier access to the North American markets. A local subsidiary in USA would further help to gain strategic market access, proximity to customers and understand regulatory and incentive landscape.
Nanovace technologies enables localization of supply chains of critical battery material like Graphite - Silicon composites, which is of critical strategic significance. The company’s U.S. subsidiary would strengthen the company’s position as a global player in the battery chemicals industry.
PCBL Chemical (formerly known as PCBL) is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.
