Daikin Industries becomes shareholder of OCSiAl

Daikin Industries has become a shareholder of OCSiAl, the world's largest producer of graphene nanotubes, following a share subscription agreement. The valuation of OCSiAl is about USD $2 billion. The companies also signed a cooperation agreement to develop graphene nanotube solutions for Li-ion batteries and fluoropolymers.

“The combination of OCSiAl’s and Daikin’s expertise and know-how could result in a fundamental shift in the global industry.”businesswire.com

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• businesswire.comDaikin Industries Becomes OCSiAl ShareholderOCSiAlJul 27, 2021

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