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Europe.

Toyocolor to supply CNT to and SK Innovations European plants

Thu, 07/15/2021 - 15:18 -- paul Crompton
Lioaccum series of conductive carbon nanotube (CNT) dispersions

Functional materials firm Toyocolor is set to supply carbon nanotubes to Korea’s lithium-ion battery maker SK Innovations’ plants in the US and Europe.

Toyocolor, the colorants and functional materials division of Japan’s Toyo Ink Group, will supply its Lioaccum series of conductive carbon nanotube (CNT) dispersions. 

Lioaccum dispersions are used as the conductive additive in lithium-ion cathodes to expand battery capacity that enables electric vehicles to increase driving distances and charge faster. 

In this instance, the CNT’s will be used in lithium-ion batteries for Volkswagen Group and the Ford Motor Company.

Toyocolor said in a statement that its researchers in Japan had achieved high conductivity levels by replacing carbon black in the battery cathode with a small amount of Lioaccum CNT dispersions as the conductive additive.

At present, Toyocolor is providing SK Innovation with Lioaccum dispersions produced at its plant in Georgia, US.

Supply to SK Innovation’s European plants is due to move to Toyo Ink Hungary, in Hungary, in the first quarter of next year. 

Toyo Ink SC Holdings, the parent company of the Toyo Ink Group, plans to invest around 10 billion yen ($9990 million) up to 2026, to strengthen its global battery dispersions production network. 

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Umicore secures EIB funding to develop European lithium-ion battery cathode plant

Mon, 06/15/2020 - 10:09 -- paul Crompton

Materials technology firm Umicore has finalised a €125 million ($141 million) loan agreement with the European Investment Bank (EIB) as it looks to develop a lithium-ion battery cathode plant in Europe.

The proceeds of the loan, which has a maturity of eight years, will finance part of the Belgium firm’s investment in the cathode materials plant in Nysa. 

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European Commission approves €3 billion fund to support battery industry

Tue, 12/10/2019 - 14:34 -- paul Crompton

The European Commission has approved a €3.2 billion ($3.5 billion) fund to promote the research and development of a battery ‘ecosystem’ in Europe.

Seven European countries will receive funding to develop cooperation, accelerate laboratory-to-market innovation and introduce a ‘fit-for-future’ regulatory framework.

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Former Tesla employees plans for Europe’s first Gigafactory

Mon, 03/13/2017 - 16:00 -- paul Crompton

Two former Tesla workers are set to beat their former employee in making lithium-ion cells for electric vehicle and energy storage applications in Europe.

Northvolt AB’s ambitious plans to build Europe's first Gigafactory in Sweden were given a boost when investment firm InnoEnergy, announced a €3.5million (around 35MSEK or $3.7million) investment.

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Digatron opens Italian offices as expansion plans continue

Thu, 02/25/2016 - 14:46 -- paul Crompton
Digatron opens Italian offices as expansion plans continue

Digatron Power Electronics has opened a new office in Italy as part of its continued growth and expansion in central and eastern Europe.

The new sales office in Milan and the hiring of Milanese Massimo Dotzo as its new sales manager is an important part of Digatron’s business strategy.

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Skeleton Technologies wins gold as best green startup

Fri, 10/16/2015 - 12:45 -- paul Crompton
Skeleton Technologies wins gold as best green startup

Ultracapacitor manufacturer Skeleton Technologies has won gold for being the best ‘smart green startup’ in Europe.

Based in Bautzen, Germany, and Tallinn, Estonia, the company claims to be the only manufacturer that uses nanoporous carbide-derived carbon, or ‘curved graphene’, in its ultracapacitor cells.

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Fuel cell giant takes control of European JV

Tue, 08/11/2015 - 11:23 -- paul Crompton
Fuel cell giant takes control of European JV

Fuel cell firm Plug Power has entered into a definitive agreement to take full control of a joint venture to develop, manufacture and market fuel cells in Europe.

Plug Power bought the remaining 80% of joint venture HyPulsion from Axane, SA, a subsidiary of Air Liquide SA, for $11.47 million in common stock, subject to certain post-closing adjustments.

Plug Power and Air Liquide founded HyPulsion in 2012 to bring fuel cells for forklift trucks to the European market.

The transaction is subject to certain customary closing conditions and is expected to close no later than August 2015.

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