World leader in graphene Ocsial is investing $300m (around €260m) in Differdange and will create more than 300 jobs. (Photo: Ocsial)

World leader in graphene Ocsial is investing $300m (around €260m) in Differdange and will create more than 300 jobs. (Photo: Ocsial)

World graphene leader Ocsial is investing $300m (around €260m) in Differdange to create more than 300 jobs, affirming the country's position as a European hub for industrial innovation.

, Ocsial, the Luxembourg-based deeptech company and world leader in graphene nanotubes, has officially announced the launch of its future production centre in Differdange. Covering an area of 3.63 hectares, the site will benefit from an investment of around €260 million ($300 million) and is expected to generate more than 300 skilled jobs, helping to establish Luxembourg as a leading European industrial platform. The company currently employs more than 350 people across Europe, the Americas and Asia.

The project, made possible by raising funds from local investors and signing a long-term lease with the State, is part of a strategy of sustainable development and innovation. "This investment illustrates investors' confidence in our ecosystem and the potential of our business parks to host high-tech industrial projects," Economy Minister (DP) emphasised in the press release. Finance Minister (CSV), adds that this public-private partnership demonstrates Luxembourg's strength as a long-term innovation platform.

Scheduled to open between 2028 and 2030

Founded in 2010, Ocsial currently produces its nanotubes in Serbia, where capacity is being quadrupled. These new-generation materials already equip more than 10% of smartphones sold worldwide and more than a million electric vehicles. "Graphene nanotubes can improve more than half of the materials we use every day, from safer batteries to durable tyres and ultralight protective equipment," points out , a member of the board of directors.

The Differdange site, scheduled to open in stages between 2028 and 2030, will also be a training hub for the next generation of European engineers and scientists. "This emblematic project combines visionary science, local roots and sustainable investment in jobs and know-how," concludes , also a member of the Board of Directors.

With this initiative, Ocsial and Luxembourg are placing Europe at the heart of the production of advanced materials, a strategic sector for the continent's industrial competitiveness and technological transition. The company is currently working with most of Europe's leading car manufacturers to develop high-performance batteries, enhanced with nanotubes, aimed at propelling the transition to electric vehicles.