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17th January 2019, Bergen op Zoom

Sabic acquires majority stake in BDS

Molecular Rebar technology from BDS is believed to offer great potential for enhancing the performance of energy storage applications. © BDS/SabicSabic has taken a majority stake in Black Diamond Structures (BDS), a nanotechnology company established in 2014. BDS produces and commercialises Molecular Rebar, a proprietary technology of modified carbon nanotubes that is designed to offer great potential for enhancing the performance of energy storage applications using lead-acid and lithium-ion batteries.

BDS is being added as part of Sabic’s Specialties business. According to Alan Leung, Vice President of Specialties, the carbon nanotube technology of BDS will allow Specialties to address several demanding challenges in the energy storage market. In particular, BDS is said to provide game-changing benefits to battery manufacturers looking for breakthrough improvements in charge rates, battery cycle life and energy density.

Read the full article on our Inside Composites website

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