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Umicore, Evonik Announce Business Partnership

Business relationship is for the supply of lithium-ion cathode materials

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Umicore and Evonik Group subsidiary Evonik Litarion GmbH have announced a business relationship for the supply of lithium-ion cathode materials. Evonik selected Umicore as the supplier of cathode materials for large format Li-ion batteries that are used in electric vehicles and in energy storage systems for stationary applications.

Evonik manufactures battery cell components for large format Li-ion batteries in Kamenz, Germany. Li-ion rechargeable batteries are seen as one of the most promising solutions for advanced energy storage systems in electric vehicles.

Umicore’s CellcoreMX, a Li-ion NMC (nickel, manganese, cobalt) cathode material, offers an engineered material solution to optimize electric vehicle requirements of power, energy, safety and battery cycle life.

“Through its materials know how, extensive production capacity, sustainable sourcing and manufacturing process, Umicore serves for us as an ideal partner for our business,” said Dr. Henrik Hahn, spokesman of the Board of Management of Evonik Litarion GmbH.

“We are delighted to be selected by a major producer in the emerging European market for large format lithium ion rechargeable batteries,” Dr. Kurt Vandeputte, senior business director for Umicore’s Rechargeable Battery Materials business unit, said. “This is a strong signal of recognition for our expertise and it reinforces our long-term commitment towards Li-ion technology as an enabler for electrified transportation. This agreement with Evonik underlines the attractiveness of our product, our quality management systems, production capabilities and close customer relationships.”

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