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Aqua Metals admits ‘significant’ delay as losses mount

Mon, 11/20/2017 - 10:28 -- John Shepherd
Aqua Metals admits ‘significant’ delay as losses mount

The head of US lead-acid battery recycling start-up Aqua Metals has admitted the firm is “significantly behind schedule” in its production plans.

Chairman and CEO Dr Stephen Clarke (pictured) said earlier this year that Aqua Metals, which wants to commercialise a water-based recycling process, was preparing for “explosive growth” in 2018.

 

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Early start for JCI’s new CEO

Fri, 09/01/2017 - 09:50 -- News Editor
Early start for JCI’s new CEO

George Oliver (pictured) is to take over as chairman and CEO of battery giant Johnson Controls International in September— six months ahead of schedule.

Oliver, currently JCI’s president and chief operating officer, will succeed Alex Molinaroli, who joined the company in 1983 and prior to his current position served as president of JCI’s Power Solutions business.

 

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Strong stop-start battery shipments boost JCI sales

Tue, 08/08/2017 - 10:43 -- News Editor
Strong stop-start battery shipments boost JCI sales

Strong shipments of stop-start batteries boosted Johnson Controls International’s performance in its fiscal third quarter.

Adjusted earnings before interest and taxes for the US tech giant’s Power Solutions division, which includes the lead-acid battery recycling business, rose 8.6% to $304 million for the three months to June 30 from $280 million in Q3 2016.

 

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Sensor targets acid stratification

Thu, 07/20/2017 - 09:27 -- News Editor
Sensor targets acid stratification

A new ‘sensor’ developed to combat acid stratification has been unveiled by Johnson Controls. 

The sensor, presented at last month’s international conference on lead-acid batteries (LABAT17) in Sofia, Bulgaria, comprises an array of several electrochemical mini-cell sensors that simultaneously and continuously measure electrolyte density in different parts of battery cells.

 

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JCI plans two new battery plants in China

Tue, 05/30/2017 - 11:33 -- Xuan Zhong
JCI plans two new battery plants in China

US-based battery giant Johnson Controls (JCI) plans to set up two new plants – with a combined annual capacity of 13.5 million batteries – in China.

JCI plans to ramp up its output of batteries to consolidate its leading position in the stop-start system sector in the country, the South China Morning Post reported.

 

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Break-through partnership in ‘Green’ lead-acid battery recycling

Tue, 02/14/2017 - 11:17 -- Xuan Zhong

Green lead-acid recycling start-up Aqua Metals has signed it’s first licensing deal with global battery giant Johnson Controls.

Johnson Controls (JCI) will supply used lead-acid batteries, and receive AquaRefined secondary lead from Aqua Metals as part of the five-year, non-exclusive deal.

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China plant doubles AGM battery capacity to meet start-stop demand

Thu, 11/10/2016 - 09:54 -- Xuan Zhong

Johnson Controls cited rising start-stop vehicle demand for expanding production capacity of its Absorbent Glass Mat (AGM) batteries in China.

The US firm is increasing the capacity of its AGM production lines in its Changxing Plant, Zhejiang province facility to more than three million units a year.

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Whistle-blowing JCI escapes EU lead price fixing fine

Mon, 10/24/2016 - 10:31 -- Xuan Zhong

Johnson Controls is set to escape forthcoming European Union antitrust fines after owning up to price rigging with smaller rivals on the price of lead purchased from scrap dealer, according to Bloomberg newswire.

Eco-Bat Technologies Ltd, Recylex SA, and Campine SA still expected to be fined in the coming weeks for their role in a cartel among companies buying lead recycled from car batteries.

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JCI gambles on stop-start industry to pay off

Mon, 07/11/2016 - 15:53 -- Paul Crompton
JCI gambles on stop-start industry to pay off

Battery maker Johnson Controls is gambling on the stop-start automotive market keeping the lead-acid industry buoyant for the next 20 years.

Joe Walicki, president of power solutions at the US firm, is forecasting that 50% of North America and China, and 60% of Europe’s vehicles will be stop-start by 2020.

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Johnson Controls $780m investment in global AGM output

Mon, 06/20/2016 - 14:26 -- Paul Crompton
Johnson Controls $780m investment in global AGM output

US battery giant Johnson Controls is doubling its North American absorbent glass matt production capacity to meet the needs of the stop-start vehicle industry.

The company is investing $245 million between 2016 and 2020 in the move, but it is not known whether the spending will be made in the existing Toledo, Ohio, plant or if a new plant will be built.

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