What ACP Technologies does

ACP Technologies (ACPT) is a privately held materials-science company headquartered in St. Clair Shores, Michigan that develops patented continuous processes for converting low-cost petroleum oils into high-value isotropic and mesophase pitch materials. The company's core technology platform comprises three patented processes — ACP10 (isotropic pitch), ACP20 (mesophase pitch), and ACP10.2 (high-softening-point isotropic pitch) — each producing pitch in minutes rather than the hours required by conventional batch methods, with controllable softening points (90°C–220°C) and micro-carbon values (50–80 wt.%). ACPT operates pilot plants from its Michigan facility and is led by a team with deep specialty-carbon domain experience: CEO/Acting CTO Thomas Holcombe (ex-Engelhard, 20 U.S. patents), President Kevin Mulrenin, SVP Chris Boyer (ex-Marathon Petroleum, 18 U.S. patents, board member and owner), and VP of Operations Justen Beffa.

The company's product portfolio spans both upstream precursors (three pitch variants) and three downstream end products — synthetic graphite for lithium-ion battery anodes, pitch-based carbon fiber for automotive and aerospace applications, and pitch-densified carbon-carbon composites for hypersonic and high-temperature applications. Target customer segments include aerospace and defense manufacturers (carbon fiber), battery manufacturers (graphite for ~30% of Li-ion cell weight), high-temperature composite manufacturers (carbon-carbon for hypersonic and friction applications), and the steel and aluminum industry (electrodes and anodes).

The business model is direct B2B manufacturing sales of specialty pitch materials to industrial buyers, with pricing structured as quote-based given the specialized nature of the products. Distribution is single-country/domestic, explicitly positioned against imported Asian graphite and foreign carbon fiber to serve U.S. defense and energy-supply-chain priorities. ACPT maintains a dense government partnership stack across the Department of Defense (Army DEVCOM Ground Vehicle Systems Center, Army DEVCOM Aviation & Missile Center, Defense Logistics Agency, Army Research Laboratory) and the Department of Energy (Oak Ridge National Laboratory, Sandia National Laboratory), supplemented by commercial partnerships with the National Center for Manufacturing Sciences and Manufacturing Sciences Corporation. No revenue, funding rounds, headcount, or valuation data is publicly disclosed.

Name

ACP Technologies

Legal name

ACP Technologies, LLC

Website

https://acp-technologies.net

Company type

Private

Operating status

Operating

Short description

ACP Technologies is a privately held Michigan-based materials company that operates patented continuous processes (ACP10, ACP20, ACP10.2) to convert petroleum oils into isotropic and mesophase pitch for U.S. manufacturers of carbon fiber, synthetic graphite, carbon-carbon composites, electrodes, and lithium-ion battery materials.

Ownership category

akta.pro rank

Product category

Specialty Carbon Materials Manufacturing

NAICS

Petroleum and Coal Products Manufacturing (3241), Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Specialty Carbon & Pitch Products (Petroleum Pitch, Carbon Binders for Anodes) (EUALAKAK)

akta.pro secondary industries

Synthetic Graphite Feedstocks (Petroleum Needle Coke & Pitch) (IMAKAFAE), Functional Carbon Fillers (Carbon Black, Graphite) (IMAEAFAO)

Keywords

• Isotropic pitch production
• Mesophase pitch materials
• Synthetic graphite precursors
• Carbon fiber feedstocks
• Petroleum-derived pitch

Headquarters

HQ city

St. Clair Shores

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Technology or R&D, Personnel

Revenue model

1. Pitch Materials Sales: Sale of isotropic and mesophase pitch materials to manufacturers for use in producing carbon fiber, synthetic graphite, carbon-carbon composites, and battery materials. Revenue is generated through direct B2B sales of precursor materials.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

ACP Technologies manufactures and sells isotropic and mesophase pitch materials produced through patented continuous processes (ACP10, ACP20, ACP10.2) that convert low-cost petroleum oils into high-value carbon precursor feedstocks within minutes. These pitch materials are sold to industrial manufacturers for producing synthetic graphite for lithium-ion batteries, pitch-based carbon fiber for automotive and military applications, carbon-carbon composites for aerospace and hypersonic uses, electrodes, and anodes.

Product overview

ACP Technologies offers a portfolio of patented carbon-based materials and processes centered on two primary pitch products: Isotropic Pitch (ACP10) and Mesophase Pitch (ACP20). The company's continuous manufacturing processes convert low-cost petroleum oils into these specialized pitches within minutes, enabling domestic production of critical materials including synthetic graphite for lithium-ion batteries, pitch-based carbon fiber for automotive and military applications, and carbon-carbon composites for aerospace and hypersonic applications. ACPT's processes also include the ACP10.2 variant for high softening point isotropic pitch used in carbon foam and specialized coatings.

Differentiator

Problem solved

Functional benefit

Products and services

• Isotropic Pitch (ACP10)

Quantifiable outcome

• Carbon fiber produced from ACPT pitch offers higher modulus and higher thermal conductivity than traditional PAN-based alternatives
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and secondary.

• Army DEVCOM Ground Vehicle Systems CentercoreStrategic or Co-development PartnerDoD partnership focused on ground vehicle systems applications of ACPT's carbon-based materials. ACPT provides domestically produced pitch materials for advanced composites used in military ground vehicle manufacturing.
• Army DEVCOM Aviation & Missile CentercoreStrategic or Co-development PartnerDoD partnership for aviation and missile applications. ACPT's materials are used in aerospace and missile defense applications requiring high-temperature carbon composites.
• Defense Logistics AgencycoreStrategic or Co-development PartnerPrimary DoD logistics partner for sourcing critical materials. DLA works with ACPT to secure domestic supply of carbon-based materials for defense manufacturing needs.
• Army Research LaboratorycoreTechnology or IntegrationDoD research partnership focused on developing advanced carbon materials for military applications. ARL collaborates with ACPT on R&D for carbon fiber and composite technologies.
• Oak Ridge National LaboratorycoreTechnology or IntegrationDoE national laboratory partnership for research and development of carbon materials. ORNL collaborates with ACPT on advanced carbon technologies and manufacturing processes.
• Sandia National LaboratorycoreTechnology or IntegrationDoE national laboratory partnership focused on materials research. Sandia works with ACPT on developing and testing advanced carbon-based materials for national security applications.
• National Center for Manufacturing SciencessecondaryStrategic or Co-development PartnerNCMS partnership for manufacturing advancement in the defense and commercial sectors. ACPT participates in collaborative initiatives to advance domestic manufacturing capabilities for carbon materials.
• MSC (Manufacturing Sciences Corporation)secondaryStrategic or Co-development PartnerCommercial partnership with MSC for manufacturing and commercialization of carbon-based materials. MSC provides manufacturing expertise and capabilities for scaling ACPT's technologies.

Recent moves6 records

Expansion highlights5 records

Direct peers

• Marathon Petroleum: Major U.S. petroleum refiner with historical global petroleum pitch, aromatic oils, and wax businesses. ACPT's SVP Chris Boyer previously ran these product lines at Marathon, and the company directly competes with refiners that produce petroleum pitch as a byproduct for carbon-material precursors.
• GrafTech International: Leading producer of graphite electrodes and synthetic graphite materials, consuming petroleum needle coke and pitch as feedstocks. ACPT's synthetic graphite pathway competes directly with GrafTech's downstream graphite products in battery, electrode, and industrial applications.
• Phillips 66: Petroleum refiner and producer of petroleum coke and specialty carbon feedstocks used in carbon-material manufacturing. Phillips 66's specialty carbon segment competes with ACPT's pitch offerings as a direct carbon precursor supplier.
• SGL Carbon: Global manufacturer of carbon-based products including carbon fibers, composite materials, and graphite specialties. SGL serves many of the same end-markets as ACPT (aerospace, automotive, industrial applications) and is a direct competitor in pitch-based carbon fiber and synthetic graphite.

Broad incumbents

• Mitsubishi Chemical Group: Large diversified chemical and carbon materials company with significant carbon fiber and pitch-coke operations. MCG is an incumbent supplier of carbon fiber and synthetic graphite feedstocks globally and competes with ACPT across battery, aerospace, and industrial verticals.
• Hexcel: Leading global manufacturer of advanced composites including carbon fiber and carbon-carbon composite materials for aerospace, defense, and industrial markets. Hexcel competes with ACPT in pitch-based carbon-carbon composites for hypersonic and high-temperature applications.
• Toray Industries: World's largest producer of PAN-based carbon fiber with growing pitch-based carbon fiber capabilities. Toray is the dominant incumbent in carbon fiber and competes with ACPT in aerospace and automotive structural applications.
• Posco Future M: Major Korean producer of synthetic graphite anode materials for lithium-ion batteries and a leading non-Chinese supplier. Posco Future M directly competes with ACPT's pitch-to-synthetic-graphite pathway in the battery anode market.

Emerging players

• Talga Resources: Australian developer of graphite anode materials for lithium-ion batteries, including synthetic and natural graphite processing technologies. Talga represents an emerging non-Asian alternative competing with ACPT for domestic battery graphite market share.
• Nouveau Monde Graphite: Canadian company developing a fully integrated natural-to-battery-grade graphite supply chain for EVs and energy storage. Nouveau Monde is an emerging peer competing for IRA-eligible, non-Chinese graphite supply contracts that ACPT also targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/acp-technologies-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ACP Technologies