22 June 2012 13:40 [Source: ICIS news]
MUNICH (ICIS)--Clariant will look to expand its production of lithium iron phosphate (LFP) for battery materials by building in the Asia Pacific region, the Swiss specialty chemicals maker said on Friday.
Harm Scheepstra, head of BU Catalysis and Energy at Clariant said that there has been rapid market growth for battery materials driven by electric vehicles and energy storage applications for consumer electronics.
“We will do that [invest] in areas where the market is, and at this moment it is in Asia Pacific – China, [South] Korea, Japan, these are the markets. We have not yet decided where exactly we will build it,” said Scheepstra.
Scheepstra said Clariant could build a plant that will be in similar size or bigger to the group’s 2,500 tonne/year LFP facility in ?xml:namespace>
In April 2011, Phostech Lithium, a unit of former German specialty chemicals producer Sud-Chemie before it was acquired by Clariant, opened a plant in
With a capacity of 2,500 tonnes/year, the plant, the first commercial plant of its size for LFP, will produce enough lithium iron phosphate for about 50,000 electric car batteries or up to 500,000 hybrid car batteries, Phostech said at the time.
Scheepstra was speaking at Clariant’s capital markets and media day in
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