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Energy Storage

Lanxess gets into the battery electrolyte business

by Craig Bettenhausen
April 3, 2021 | A version of this story appeared in Volume 99, Issue 12

 

A photo of a Lanxess facility in Germany.
Credit: Lanxess
Lanxess's Saltigo unit carries out contract manufacturing at this facility in Germany.

Lanxess will enter the battery electrolyte market through a contract manufacturing deal with the lithium-ion battery materials maker Guangzhou Tinci Materials Technology. Saltigo, a Lanxess subsidiary, will make Tinci electrolytes at a facility in Leverkusen, Germany, which will give the Chinese firm better access to European battery makers. Lanxess says the move complements its business in automotive-battery chemicals and materials, including a lithium extraction project in El Dorado, Arkansas.

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