EAM Partners With Phillips 66 to Support 1M EV Batteries Annually in North Carolina
In September, Epsilon Advanced Materials (EAM) announced it is taking a major step toward strengthening the U.S. battery supply chain. Autocar Professional reported that the company announced an agreement with Phillips 66 to source green and calcined needle coke from the energy company’s refinery in Lake Charles, Louisiana. Needle coke is a key feedstock used to manufacture synthetic graphite anodes, one of the most critical components in lithium-ion batteries.
The partnership gives Epsilon Advanced Materials reliable access to specialty coke materials through a supplier that ranks among the world’s leading producers. This collaboration aligns with the growing push to secure domestic production of battery materials, reduce reliance on overseas suppliers, and support the rapid expansion of electric vehicles and energy storage systems across the United States.
“This collaboration is a major step in building a secure and sustainable battery materials supply chain for the US,” said Vikram Handa, Managing Director of Epsilon Advanced Materials. He emphasized that the partnership combines Phillips 66’s expertise in energy and materials with EAM’s manufacturing capacity and global presence.
The needle coke supplied through this agreement will feed Epsilon’s new graphite active anode material facility in North Carolina. The plant is designed to produce 30,000 tons of graphite anode material annually when it begins operations in 2027. Epsilon intends to expand production to 60,000 tons by 2030. At full scale, the facility will supply enough anode material to power batteries for approximately one million electric vehicles every year. The material will support U.S. battery manufacturers and automotive OEMs as they ramp up domestic EV production.
Epsilon Advanced Materials was established in 2018 as part of the Epsilon Group and operates India’s first graphite anode material plant. The company focuses on sustainable and scalable battery materials, and is investing in new locations in North Carolina and Finland as part of a global growth strategy. The broader Epsilon Group, founded in 2010, includes companies focused on carbon black and battery materials and operates major production facilities in India.
This agreement signals how strategic partnerships can accelerate the development of a competitive U.S. supply chain for clean energy. By combining Phillips 66’s production capabilities with Epsilon’s battery-materials expertise, the two companies are positioning themselves at the center of North America’s shift toward sustainable transportation and energy storage.
Epsilon’s Strong Commitment to Sustainability
Most companies talk about sustainability. Epsilon Advanced Materials builds it into the foundation of its business.
Epsilon’s mission is simple: energize the world responsibly. The company designs and manufactures battery materials by rethinking how resources are sourced, processed, and reused. Instead of relying on traditional supply chains that generate significant waste, Epsilon focuses on circularity — turning industrial by-products into high-performance battery materials.
Localization plays a key role in this approach. Epsilon sources raw materials from nearby steel and industrial facilities, reducing transportation emissions and transforming what would otherwise be waste into something valuable. The result is a supply chain that is cleaner, more efficient, and more resilient.
Epsilon’s sustainability philosophy isn’t limited to environmental considerations. The company operates with a strong ESG framework that includes economic and social impact. Through community programs focused on health, education, gender equality, clean energy, and environmental restoration, Epsilon has improved the lives of more than 300,000 people across 50 villages in India. The company funds local infrastructure, supports clean water initiatives, and promotes sports and educational access — proving that industrial growth and community development can go hand in hand.
Epsilon believes that energy transition should benefit both people and the planet. By minimizing waste, maximizing resource efficiency, and investing directly into the communities where it operates, the company is shaping a new model for sustainable manufacturing. As global demand for battery materials grows, Epsilon’s circular, local-first strategy shows that scaling clean energy doesn’t have to come at the cost of environmental or social responsibility.
The future of electrification requires more than supply. It requires purpose. Epsilon is powering both.
