Indian Chemical News (ICN) is organising a Session on Battery: The Big Opportunity during its Third Edition of the NextGen Chemicals & Petrochemicals Summit on July 13-14, 2023 at Hotel Novotel, Mumbai International Airport, Mumbai. The main theme of the Summit is "Innovation, Self-reliance & Sustainability”.

Battery: The Big Opportunity session will be held on July 13, 2023 and the speakers are: Saiprasad Jadhav, CEO & Director, Epsilon Carbon: Kiriti Varma, Co-Founder & COO, Altmin; Darshit Jaju, Head – Battery and Renewable Energy, Hindalco Industries; Chandrashekhar Chincholkar, CES India and Pikin Jain, Head (Business Development, Neogen Chemicals.  

The battery market represents a significant opportunity for chemical companies because it requires a variety of chemicals. Chemical companies can benefit from the increasing demand for batteries, which is being driven by the growth of electric vehicles, renewable energy storage, and portable electronics. This demand requires a large amount of chemicals that are needed in the battery manufacturing process.

Advancements in technology are leading to improvements in battery performance, which increases the demand for more efficient chemical solutions to meet these performance standards. The chemicals used in batteries are typically high-value products, meaning that the prices of these chemicals are generally higher than other basic chemicals. Chemical companies can benefit from the higher margins associated with manufacturing these high-value products.

Some chemical companies are able to vertically integrate their operations, producing chemicals used in the battery manufacturing process and integrating them into end products such as electric vehicles. Many chemical companies are also investing in more sustainable battery chemistries, as the need for environmentally-friendly batteries grows. This approach can offer a significant competitive advantage to chemical companies.

The battery market represents a significant opportunity for chemical companies to provide high-value products and add value to the rapidly growing battery market. The trend towards more environmentally-friendly, sustainable batteries also creates opportunities for chemical companies to innovate and become leaders in the field.

Key discussion points during panel discussion are: Global market opportunities in battery manufacturing; Trends in battery chemicals: Demand and supply dynamics; Exploring next-generation battery chemistry & cost optimization; Developing suitable battery manufacturing technologies; Battery recycling; Trends and developments in battery performance; Unlocking improved capacity, cost, and safety with battery cell-level control; and future in battery & EV sustainability.

The two-day summit will see a galaxy of thought leaders brainstorming on innovation, self-reliance & sustainability in chemicals, petrochemicals, and energy sectors so that India can move ahead by taking quantum jumps in years to come.