tiprankstipranks
GrafTech Advances EV Market Entry with Texas Permit Approval
Company Announcements

GrafTech Advances EV Market Entry with Texas Permit Approval

Don't Miss our Black Friday Offers:

GrafTech International Ltd (EAF) just unveiled an announcement.

GrafTech International Ltd. has received approval from the Texas Commission on Environmental Quality for a permit modification for its subsidiary Seadrift Coke L.P. This green light paves the way for potential expansion at Seadrift’s Texas facility, which produces petroleum needle coke—a crucial component in manufacturing graphite electrodes and synthetic graphite for electric vehicle batteries. This move aligns with GrafTech’s strategic focus on tapping into the burgeoning electric vehicle market.

See more insights into EAF stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskGrafTech Reports Q3 2024 Results Amid Strategic Moves
TipRanks Auto-Generated NewsdeskGrafTech International Secures Loans and Plans Exchange Offer
TheFlyGrafTech sees 2024 CapEx $35M-$40M
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App