LANXESS has entered the field of battery chemistry by collaborating with Guangzhou Tinci Materials Technology Co. (Tinci), a leading global manufacturer of lithium-ion battery materials.
Starting already next year, LANXESS will produce electrolyte formulations for lithium-ion batteries under the authorization of the Chinese company.
“The upswing in E-Mobility is accelerating. Numerous new plants for battery cell production are currently being built in Europe. This fast-growing market also offers great opportunities for LANXESS, especially in the field of battery chemistry. We already produce many raw materials for battery manufacturing. The cooperation with Tinci is another step in establishing ourselves in this market,” said Anno Borkowsky, Member of the Board of Management at LANXESS.
LANXESS sees major growth opportunities in the market for new mobility. In 2020, LANXESS, therefore, established a Group initiative for e-mobility and circular economy.
“With this initiative, we are bundling significant future topics where we see the strategic potential for LANXESS. Our goal is to develop sustainable, value-creating business models around new mobility and circular economy. The cooperation with Tinci is a promising project in this regard,” said Philipp Junge, Head of the initiative at LANXESS.
The electrolyte is responsible for transporting lithium ions in the battery cell and thus is a key component of lithium-ion batteries. The high-performance electrolyte formulations from Leverkusen will enable Tinci to become a domestic supplier for battery cell manufacturers in Europe.
For production, LANXESS will use a high-tech plant operated by its subsidiary Saltigo, a leading global custom manufacturer. In this plant, electrolytes can be formulated in line with the highest quality requirements. Saltigo will bring its extensive chemical expertise to the partnership, while at the same time further expanding its experience in the field of electrolyte production.
LANXESS already produces numerous chemicals and materials that are important in the production of battery cells. For example, the specialty chemicals company is one of Europe’s leading manufacturers of hydrofluoric acid and phosphorous chemicals. Both are key raw materials for the production of the high-purity conductive salt lithium hexafluorophosphate (LiPF6).