Luxembourg Graphene Nanotube Manufacturer OCSiAl Joins the Ranks of Unicorn Companies with $1 Billion Valuation

fr en de

OCSiAl S.A., the world’s largest manufacturer of graphene nanotubes and which is based in Luxembourg, was recently added to the CB Insights Global Unicorn Club, a list of startup companies valued at $1 billion or more. OCSiAl Group which plans to implement the world’s largest graphene nanotube synthesis plant in Luxembourg is strongly committed to contribute to the Grand-Duchy’s economy.

<< Back
18/07/2019 |
  • OCSiAl oic

OCSiAl made the list after A&NN Investments acquired a 0.5% stake in the company for $5 million. “We are confident that the value of OCSiAl will steadily grow in the long term, so we are thinking of increasing our share in the company,” said Rafael Abramyan, Investment Director at A&NN Group.

OCSiAl was the first company to produce high-quality graphene nanotubes on an industrial scale. When it entered the market in 2014, OCSiAl offered graphene nanotubes to consumers at a price that was 75 times lower than those on the market, thereby making nanotubes accessible to a much larger number of industries. OCSiAl’s revenues have been doubling annually ever since, and the company expects to go public by 2025.

“By industry standards, graphene nanotubes are a relatively new material. Today we are observing the emergence of markets for its application,” said Yuriy Koropachinskiy, President of OCSiAl. “What is important is that these include not only the high-tech sector, but also mass-produced goods. We believe the company will be worth at least $100 billion in ten years’ time.”

Today, OCSiAl’s annual production capacity has the capabilities to improve hundreds of thousands of tonnes of various materials. OCSiAl’s customers include global car manufacturers, leading electronics companies, and major chemical producers. The company is rapidly increasing its output and plans to launch the first train of the world’s largest graphene nanotube synthesis plant in 2022 in Differdange, Luxembourg. In addition to this production facility, OCSiAl is launching a Research & Development Center to accelerate both fundamental and applied research on graphene nanotubes. The OCSiAl Center will create around 200 jobs and attract talents for state-of-the-art technologies to Luxembourg. OCSiAl is confident that its plans will give Luxembourg a significant push towards becoming a leading European hub for nanotechnology.

Back to top  | << Back

Communiqués liés

pwc logo
28/03/2024

Luxembourg's competitiveness: are we still in the race? Seiz...

The 17th Journée de l’Economie took place on 26 March 2024 at the Luxembourg ...

PwC Luxembourg
Wasilewski Didier 2024
28/03/2024 Personnalités

Didier Wasilewski rejoint la direction générale du groupe ...

Didier Wasilewski, Senior Executive d'artelis s.a. et directeur commercial de lo...

Artelis S.A.
Chris Allen - Group CEO Quintet Private Bank
28/03/2024

Le bénéfice net 2023 de Quintet s’élève à 46,9 millio...

Quintet Private Bank, opérant à travers l'Europe et le Royaume-Uni, a annoncé...

Quintet Private Bank
Old town Zurich
28/03/2024

Immobilier de luxe en Suisse – Cela ne marche pas tout seu...

En 2023, le segment du luxe n’a pas été épargné par la hausse des taux d...

UBS Luxembourg
 62A0290 sm
26/03/2024

DLA Piper relocates to iconic Nova Building at the heart of ...

Global law firm DLA Piper will move on 2 April to its new Luxembourg home, the i...

DLA Piper
500 dim250--035-edit-sized-4

Goodyear inaugure son nouveau centre de simulation à Colmar...

Goodyear Tire & Rubber Company a officiellement inauguré aujourd'hui son centre...

Goodyear

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more