Himadri Speciality Chemical Invests in IBC to Drive Global Li-ion Battery Materials Growth and Clean Energy Leadership

Himadri Speciality Chemical Ltd (HSCL) has announced a strategic investment of USD 4.43 Million to acquire a 16.24% stake in International Battery Company, Inc (IBC). This investment marks the start of the commercial deployment of Himadri's LFP Cathode active and anode materials. IBC is a leading innovator in prismatic cell technologies designed for energy storage and mobility applications across global markets. The Bengaluru Gigafactory is scheduled to commence operations by Q4 FY26. This partnership between Himadri and IBC represents a significant leap forward in the global battery materials landscape, positioning both companies to address the growing global demand for high-performance, scalable, and sustainable battery technologies.