Sudeep Advanced Materials (SAM), a subsidiary of Sudeep Pharma Private Limited (Sudeep Pharma), has been established, marking the company’s entry into the Clean Energy Storage market. The venture, which is self-funded, will concentrate on producing iron phosphate for use in electric vehicle (EV) energy storage applications. The company will use its more than thirty years of experience in green chemistry, which it has gained by working on active ingredients and pharmaceutical and food specialty products.
With a capacity of 15,000 MT, Sudeep Pharma started producing iron phosphate in 2015 and is currently among the biggest producers of food-grade iron phosphate worldwide. During this time, the business has created an environmentally friendly procedure that drastically lowers gas emissions and water usage.
These capabilities will be used by SAM to produce green iron phosphate for use in the battery storage systems of electric vehicles (EVs). In order to create the foundation for future commercial production, the company has established a customer qualifying plant (CQP) that will verify product specifications and performance with prospective customers. By 2026, phase 1 production of a thirty-acre commercialization hub that can generate one million metric tons (yearly) of pCAMs, comprising derivatives of manganese and iron phosphate, will start.
According to the news release, SAM gains from Sudeep Pharma’s well-established raw material sourcing skills, such as phosphoric acid, which the company has been acquiring for more than thirty years and which guarantees a steady supply for its production processes.
Julian Dunn, Vice President, Sales and Marketing remarked, “The launch of SAM represents a strategic move into the Global battery Market, building on our strong foundation in phosphate manufacturing.”
“Our dedication to sustainability and societal impact has been a cornerstone of our work in the nutrition and food sectors,” said director Shanil Bhayani. “Our goal with SAM is to advance novel and environmentally friendly battery technology,” he added.