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lead-acid

Study slams EU on lithium recycling and praises 'climate-friendly' lead

Mon, 11/12/2018 - 00:00 -- John Shepherd

More than half of Europe’s used batteries “disappear” without proper treatment because of “outdated” recycling rules and inadequate targets for collecting lithium-ion batteries, according to a damning report.

The study criticises the European Union’s Batteries Directive for lacking “a target or provisions for a monitoring system” to keep track of uncollected batteries— which are said to be fuelling health and safety fears by being dumped with household waste.

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C&D Technologies to acquire Trojan

Mon, 11/12/2018 - 00:00 -- John Shepherd

US-based lead-acid battery maker C&D Technologies has agreed to acquire Californian deep-cycle lead manufacturer Trojan Battery in a deal that will create a combined company with more than US$1 billion of revenue.

Pennsylvania-based C&D, a portfolio company of KPC Capital Partners, will acquire Trojan from owners Charlesbank Capital Partners and other shareholders.

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Trojan rolls into lithium territory

Mon, 11/05/2018 - 00:00 -- John Shepherd

Californian deep-cycle lead-acid manufacturer Trojan Battery is expanding with an incursion into the lithium sector.

Trojan said its new line of ‘Trillium’ “intelligent lithium-ion batteries”, with a life expectancy of “more than 5,000 cycles”, targets deep-cycling requirements across a wide range of stationary and motive power applications.

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EU energy chief’s about-face on lead-acid?

Mon, 10/29/2018 - 00:00 -- John Shepherd
Maroš Šefčovič with Maroš Šefčovič

The European Union’s energy chief has given his first public indication yet that he personally believes advanced lead-acid batteries can be part of the bloc’s future energy mix, despite months of moves against the technology by European institutions.

Maroš Šefčovič, the European Commission vice-president spearheading EU ‘energy union’ policies, told BEST Battery Briefing that all advanced battery technologies should be deployed— and should benefit from R&D grant aid— if they meet strict new environmental requirements in terms of sustainability in production and supply of materials.

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Aqua Metals chief upbeat as ingots production gears up

Mon, 10/22/2018 - 00:00 -- John Shepherd
Ingoting process at Aqua Metals' plant in Nevada

Novel US lead-acid battery-recycling company Aqua Metals has “overcome technical hurdles” and is now making lead ingots at a “steady state”, the company’s president has announced.

Steve Cotton said the firm would be able to ship its “ultra-pure AquaRefined lead directly to battery manufacturers for production— and also allow them to test our AquaRefined lead for improved battery performance and life”.

Cotton’s announcement signalled what the company hopes will be a continuation of a gradual turnaround in its fortunes following a number of setbacks in striving to commercialise a water-based lead-acid recycling process.

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Monbat drops plans to acquire control of Assad

Mon, 10/22/2018 - 00:00 -- John Shepherd
Assad battery

Bulgarian lead-acid battery manufacturer Monbat has dropped plans to buy a majority stake in Tunisian lead firm Assad.

The decision to scrap the deal, announced last year, came amid reports of an alleged pending legal case concerning the land on which Assad built its production plant— and concern that Monbat would be unable to retain control of an Assad subsidiary in Algeria because of proceedings in that country.

Monbat declined to comment in detail, but a spokesperson said: “In the course of the final stage of the due diligence of L’accumulateur Tunisiene Assad, there were subsequent matters disclosed which are challenging the originally expected value creation and are increasing Monbat’s level of enterprise risk.”

Other projects being financed by Monbat’s recent corporate bond issue are under way and an update will be issued to investors in due course, the Sofia-based company said in a filing with Bulgaria’s Financial Supervision Commission.

Monbat said it would “sustain its investment selectivity and focus on those business projects in the current pipeline, which provide the best match between return and operational risk”.

Assad, founded in 1974, designs, manufacturers, distributes and recycles lead-acid batteries for applications, including automotive, marine, solar, industry and telecoms.

Assad has reported a combined annual production capacity of 1.2 million batteries. The firm’s recycling arm was launched in 2002 to recycle around 10,000 tons of used batteries from the Tunisian market each year.

Monbat was founded in 1959, privatised in 1998 and is now a leading European battery producer. The company has production and recycling plants in three countries and exports worldwide.

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Monbat drops plans to acquire control of Assad

Mon, 10/22/2018 - 00:00 -- John Shepherd

Bulgarian lead-acid battery manufacturer Monbat has dropped plans to buy a majority stake in Tunisian lead firm Assad.

The decision to scrap the deal, announced last year, came amid reports of an alleged pending legal case concerning the land on which Assad built its production plant— and concern that Monbat would be unable to retain control of an Assad subsidiary in Algeria because of proceedings in that country.

Monbat declined to comment in detail, but a spokesperson said: “In the course of the final stage of the due diligence of L’accumulateur Tunisiene Assad, there were subsequent matters disclosed which are challenging the originally expected value creation and are increasing Monbat’s level of enterprise risk.”

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Hammond CEO Murphy joins BCI board

Mon, 10/08/2018 - 00:00 -- John Shepherd
Terry Murphy

Hammond Group chief Terry Murphy, has joined the board of Battery Council International (BCI).

Murphy (pictured), who joined Hammond’s board in 2011, is chairman, president and CEO of the lead-acid company.

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Amara Raja to launch LIB assembly plant

Tue, 09/18/2018 - 14:40 -- Hugh Finzel
Amara Raja logo

Indian lead-acid battery maker Amara Raja reportedly plans to build a lithium-ion battery pack assembly plant in Andhra Pradesh in the south-east of India.

The move comes amid an upsurge of battery-related activity as manufacturers look to solidify their share of the domestic market for electric vehicle battery packs, which is expected to be worth around US$300 billion by 2030.

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Daramic chief reveals French facility expansion

Mon, 09/10/2018 - 13:50 -- John Shepherd
Bryan Moorehead

US-based lead-acid separator company Daramic is expanding its facility in France, president Bryan Moorehead has revealed.

The move will “add at least 15% to our capabilities” in the country, Moorehead told BEST Battery Briefing on the sidelines of the 16th European Lead Battery Conference (ELBC) in Vienna.

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