Industrial Production of Carbon-Based Particles – Partner Scouting & Technical Validation

The Challenge

A global client needed to secure an industrial partner to produce fine powder carbon-based particles at ~1–10 T/year. The project required partners who possessed equipment capable of operating at high temperatures while maintaining gas tightness and resisting corrosion, as well as demonstrated experience with gas treatment systems.

Key challenges included:

  • High-Temperature Operations: The production of industrial materials needs to run at temperatures between 550–700°C under sealed gas environments to achieve both operational control and safety standards.
  • Strict Product Requirements: The product requirements are strict because they need to meet three essential criteria, which include particle size between 250–500 nm and maintaining both product consistency and production consistency at large manufacturing levels.
  • Scalability: The organization needs to find partners who will help advance the pilot program into industrial production because they must have capabilities that go beyond laboratory work.
  • Corrosive Environment: The system needs to handle corrosive/reactive gas streams which contain NH₃ at high levels while it produces products of consistent quality.
  • Off-Gas Management: The process needs to handle significant gas production, which amounts to 50% of total mass, requiring a strong system for capturing and processing off-gases.

Our Role and Approach

The client needed Kepler to find international partners who would pass technical feasibility tests based on client requirements for choosing appropriate industrial partners to execute pilot and scale-up operations. The team completed the work through curated and specific workstreams:

  • Market Research: The research used expert interviews together with market studies to determine the operations of the value chain and production techniques, vital business areas, and reliable market entities.
  • Targeted Identification: Using Kepler’s internal databases and primary searches, the team contacted probable suppliers who were shortlisted based on primary criteria.
  • Agile Follow-up: The follow-up schedule operated at 2–3 day intervals to achieve quick results for both response time measurements and qualification assessment evaluations.
  • Technical Alignment: The partners needed to participate in scheduled technical deep-dive meetings, which helped obtain detailed briefs, achieve alignment, and verify their capabilities (equipment and process evidence).
  • Scorecard Assessment: Developed a 6-criterion technical screening scorecard which assessed reactor performance, corrosion protection, humidity system integration, temperature maintenance, gas processing, and scale preparation capabilities.
  • Business Matching: Shortlisted candidates had to undergo NDA agreements, after which direct business meetings with the client were scheduled to keep the partners motivated.
  • Pilot Support: The team supported the selected partner in aligning 100% with the client’s production requirements and delivered a pilot batch production sample for further testing.

The Result

  • A market report on “Carbon black” gave the client an overview of market dynamics, helping them make informed decisions on various topics advised by Kepler.
  • 4 final recommended candidates proceeded with NDA and next-step discussions.
  • Validated pilot plant facilities and guided the team for batch production of 1 kg samples.
  • Innovative carbon-based fine particle successfully produced for cosmetic integration.

 

Client
Global Beauty Client
Industry
Beauty
Service
Strategic Sourcing
Timeline
4 Months
Key Results
4
Partners recommended
2 Months
Facility Alignment
1 Kg
Pilot batch production
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Suresh Kumar
Suresh Kumar is a Corporate Legal, regulatory, and Governance Advisor. He has been a leading legal counsellor in the manufacturing, automotive, software, and fintech sectors in India and the Middle East for more than 30 years.

He has been the Global General Counsel, Senior Vice President of Legal, and Company Secretary for prestigious business conglomerates, such as Hyundai Motor India, Ashok Leyland Group, Ramco Systems, Polaris, Financial Software & Systems, and Omzest Group. He has worked closely with Boards, promoters, and CXOs on issues related to corporate governance, compliance, mergers and acquisitions, contracts, and regulations.

At Kepler Ventures, he advises clients with governance frameworks, risk management, and complex legal and regulatory challenges.

S Sundara Moorthy
Strategy & Advisory Services
Sundara Moorthy is a leader in strategy and market intelligence with 18+ years of experience guiding businesses, investors, and organizations on growth strategies, market entry, and business transformation.

He has directed multi-sector engagements spanning manufacturing, consumer, retail, and supply chain industries, integrating comprehensive market analysis with results-oriented advisory services.
At Kepler Ventures, he oversees Strategy & Advisory Services, collaborating closely with leadership teams to define strategic priorities, inform decision-making, and facilitate scalable growth. Renowned for his methodical reasoning and practical methodology, Sundara assists organizations in converting intricate market dynamics into well-defined, actionable strategies.

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Khaja Hameed
Managing Partner

Khaja Hameed is the Managing Partner at Kepler Ventures, with over two decades of experience across technology leadership, digital transformation, and investment-led advisory.

He has worked with corporates, investors, and promoters on technology strategy, platform scaling, and value creation initiatives, including M&A, strategic investments, and i2i-led advisory engagements. Khaja brings strong expertise in IT governance, transformation programs, and transaction-driven decision support.

At Kepler Ventures, he drives firm strategy, client delivery, and investment advisory platforms, supporting organizations in evaluating, structuring, and executing growth through acquisitions, partnerships, and technology-enabled investments.

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Bernard Ouriou
Founding Partner
Bernard Ouriou is the Founding Partner of Kepler Ventures, offering nearly twenty years of international expertise in strategy, consulting, and industry leadership.

He is a graduate of École Centrale de Paris and ESCP-EAP Business School. Bernard’s career reflects a dual path across management consulting at Bossard and senior roles in industry, primarily within the automotive sector—enabling him to build wide, cross-sectoral expertise. He is a specialist in rail, aeronautics, chemicals, and capital goods industries.


At Kepler Ventures, Bernard shapes strategic direction, drives international partnerships, and advises clients on cross-border growth and market expansion.

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