Wacker Invests In Battery Company | Chemical & Engineering News
Volume 91 Issue 9 | p. 22 | Concentrates
Issue Date: March 4, 2013

Wacker Invests In Battery Company

Department: Business
Keywords: lithium-ion batteries, silicon
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A prototype preparation facility at Nexeon’s pilot plant.
Credit: Nexeon
A person in PPE works on a wild-looking apparatus featuring a large black plastic U with yellow joints.
 
A prototype preparation facility at Nexeon’s pilot plant.
Credit: Nexeon

Silicon manufacturer Wacker Chemie has invested an undisclosed sum in Nexeon, a British battery materials company that is developing silicon materials to replace carbon as the anode of lithium-ion batteries. Nexeon says its technology yields rechargeable batteries with higher charge density. The company operates a pilot plant in Oxfordshire, England. Last year it raised more than $50 million from investors to build a 250-metric-ton-per-year facility for its silicon anode material.

 
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