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Degussa Expands Production for Lithium-Ion Electrodes

Degussa AG, Dusseldorf is starting additional electrode production for large-volume lithium-ion batteries, at the Li-Tech GmbH (SK Group) site in Kamenz/Dresden. “By expanding our electrode production to Germany we are moving closer towards our goal of establishing Degussa as a system supplier for lithium-ion battery components", explains Dr. Alfred Oberholz, Member of the Management Board of Degussa AG. The first expansion stage will see anode and cathode production come on stream by the fourth quarter of 2006, with sales in the double-digit million euros being targeted even in this early phase.

The Kamenz facility complements Degussa’s production capacities in China through the joint venture Degussa-ENAX (Anqiu) Power Lion Co. Ltd., Anqiu. The German site will target large-volume energy storage applications – such as batteries for hybrid vehicles. With its ceramic membrane SEPARION® the specialty chemicals company had positioned itself at an early stage in the promising market for lithium-ion batteries. By manufacturing customized electrodes combined with SEPARION® separator, Degussa offers a balanced portfolio of products designed to increase the safety and performance of large-volume lithium-ion batteries.

The global market for lithium-ion battery materials experienced double-digit growth in 2004, and currently amounts to more than 1.2 billion US dollars. Degussa expects the market volume to increase to around 4 billion US dollars by 2015.

http://www.degussa.com

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