Luxembourg-based graphene nanotube provider OCSiAl has announced the signing of a land lease, launching the development of its flagship graphene nanotube production center in Differdange, Luxembourg. It claims it will become the world’s largest graphene nanotube production facility.
This official announcement is a culmination of a years-long effort by the company and the Luxembourg Government, including most recently an investment round raised from a “club” of Luxembourg based investors and the signing with the State of Luxembourg of a long-term land lease for a 3.63-hectare site in Differdange, the company said in a press release.
With a planned investment of US$300 million and creation of over 300 new jobs, the facility will be launched in stages from 2028 to 2030.
Founded in Luxembourg in 2010, OCSiAl has become the world’s largest producer of graphene nanotubes, a next-generation material that offers performance to a multitude of products used. OCSiAl’s nanotubes, currently produced only in Serbia, where the company is increasing production capacity fourfold, are already used in more than 10% of smartphones sold today and in over 1 million electric vehicles worldwide.
“Graphene nanotubes can improve over half of the materials we use every day, from safer batteries to longer-lasting tires and ultralight protective equipment,” said Alain Kinsch, a member of the OCSiAl Board of Directors. “We thank the Luxembourg Government for enabling this project through the land lease and for fostering an environment where innovation and industrial ambition can thrive.”
“This is a landmark step for OCSiAl and for Differdange,” said Norbert Becker, another OCSiAl board member. “It’s a project that combines visionary science, strong local roots, and a long-term investment in jobs and know-how.”