Introduction:
Chemical stock has secured a technology transfer agreement to produce Acetylene Black in India. This move strengthens its position in the growing conductive materials market, meeting rising demand in sectors like batteries, semiconductors, and power cables, while expanding global export potential.
Share Price movement of PCBL Chemical:
On February 17, 2025, PCBL Chemical Limited opened at ₹365.00, reaching a high of ₹377.70, up 3.15% from its previous close of ₹366.15 and a low of ₹353.75. Currently, it is trading at ₹362.70, with a market cap of ₹13,690.57 crore.
PCBL Chemical signs new agreement:
PCBL Chemical Ltd has signed a technology transfer agreement with Ningxia Jinhua to produce Acetylene Black in India. This high-end conductive chemical is used in power cables, Li-ion batteries, and semiconductors. The move supports India’s battery demand and global exports.
PCBL has expanded its specialty portfolio, launching over 50 grades under Bleumina, Nutone, and Energia. The addition of Acetylene Black strengthens its role in conductive materials. It also established Nanovace Technologies to develop nanosilicon products for Li-ion battery anodes.
The Acetylene Black market is expected to grow at 19-20% CAGR, reaching 150,000 MT by 2030. This acquisition places PCBL among select multi-platform Carbon Black manufacturers. It enhances product mix, improves margins, and accelerates its shift to a tech-driven organization.
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Recent news About PCBL Chemical :
On December 3, 2024, PCBL Chemical Limited received ISCC PLUS certification, demonstrating its commitment to sustainable practices and enabling the company to offer certified sustainable products to its customers.
Stock performance of PCBL Chemical for Period of 1 week, 6 months and 1 year:
PCBL Chemical’s stock performance showed mixed results over different periods. Over the past week, it declined by 7.27%. In the last six months, the stock fell further by 17.8%. However, on a yearly basis, it delivered a positive return of 12.1%, reflecting moderate growth.
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Shareholding pattern of PCBL Chemical:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 51.41 | 51.41 | 51.41 |
| FII | 5.24 | 4.99 | 5.29 |
| DII | 6.7 | 6.8 | 6.41 |
| Retail & others | 36.68 | 36.8 | 36.9 |
About PCBL Chemical:
PCBL Chemical Ltd is a leading manufacturer of carbon black, a key raw material used in tires, rubber products, and inks. The company focuses on sustainable production and has expanded its portfolio into specialty chemicals for various industrial applications.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
