PCBL inks tech transfer deal with China's Jinhua

PCBL Chemical Limited (BSE:PCBL) has entered into a technology transfer agreement with Ningxia Jinhua Chemical Co., Ltd. ("Jinhua") on February 14, 2025, to acquire technology for manufacturing conductive carbon black. Under the agreement, Jinhua grants PCBL exclusive rights to use its technology for production and sale of conductive carbon black. In addition to the technology transfer, the companies also propose to enter into a raw material agreement for Jinhua to supply calcium carbide to PCBL, and another agreement for the trading of conductive carbon black. PCBL will pay Jinhua USD 2 million as consideration. The agreement aims to expand PCBL’s product portfolio to include conductive carbon black products.