PCBL Chemical Ltd has signed a technology transfer agreement with Ningxia Jinhua Chemical Co. to establish its first Acetylene Black plant in India, aiming to cater to the rapidly growing Indian battery industry and global markets. The Acetylene black market, currently at 60,000 MT, is projected to grow at 19-20% CAGR reaching around 150,000 MT by 2030, enhancing PCBL's product offerings and margins.