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Manama, Nov 2 (PTI) Leading coal tar pitch Epsilon Carbon on Sunday announced that it has signed a USD 20-million memorandum of understanding with Aluminium Bahrain (Alba) to explore a long-term supply of liquid coal tar pitch to the Middle East region.

Speaking with PTI on the sidelines of the 3rd Gateway Gulf Investment Forum here, Epsilon Carbon Managing Director Vikram Handa said that the company looks to boost its Coal Tar Pitch (CTP) production capacity to 300,000 tonnes by next year to cater to growing demand from the Middle East.

CTP is used to manufacture carbon anodes and cathodes for aluminium smelting and for EV batteries.

“We look to export more and more, and we wanted to take the opportunity to bring a local supply chain to Bahrain.

“Between the s

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