Germany's Sud-Chemie opens Canada lithium iron phosphate plant

08 April 2011 20:53  [Source: ICIS news]

TORONTO (ICIS)--Phostech Lithium, a unit of German specialty chemicals producer Sud-Chemie, has opened a Canadian dollar (C$)78m ($75m) plant in Montreal to produce lithium iron phosphate for batteries in electric and hybrid cars, it said on Friday.

With a capacity of 2,500 tonnes/year, the plant will produce enough lithium iron phosphate for about 50,000 electric car batteries or up to 500,000 hybrid car batteries, Phostech said.

The project, which creates about 50 jobs, received support from Quebec and federal Canadian government agencies, the company said without disclosing details.

Sud-Chemie announced plans for the project in Montreal’s suburb of Candiac in July 2010.

Sud-Chemie is about to become part of Swiss specialty chemicals major Clariant, which in February announced a €2bn bid for the Munich-based firm.

($1 = C$0.96)

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By: Stefan Baumgarten
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