HEG Limited — Updates, 14-02-2025: Press Release
A significant development has occurred with TACC Limited, a wholly-owned subsidiary of HEG Limited, as it has signed a Joint Development Agreement (JDA) with Birla Cellulose, a division of Grasim Industries. This collaboration aims to advance the application of graphene technology in textile production. TACC will provide graphene derivatives, which Birla Cellulose will incorporate into its production of viscose fibers. RSWM Limited, also part of the LNJ Bhilwara Group, will utilize these enhanced fibers in its textile manufacturing processes.
This partnership is positioned to innovate in textile applications, potentially improving durability, performance, and sustainability. The integration of graphene's exceptional properties into fabrics marks a significant step for both companies, highlighting opportunities for growth and enhanced market positioning in the advanced materials and textile sectors. Stakeholders should watch closely as this initiative unfolds, as it may drive positive outcomes in product development and industry competitiveness.
