Solvay strikes multi year contract with Bolloré Group to supply lithium salt for LMP batteries
(Thomson Reuters ONE) -
Brussels, 30 August 2012, at 7:30 am
Solvay strikes multi year contract with Bolloré Group to supply lithium salt for
LMP batteries
Supply contract is the result of a common R&D program
Solvay announced today that its Global Business Unit Aroma Performance will
supply two Bolloré Group affiliates, Batscap and BatHium Canada Inc, with
specialty Lithium Salt grades (LiTFSI) for their Lithium-Metal-Polymer(®) (LMP)
batteries. Aroma Performance will manufacture its lithium salt electrolytes in
its manufacturing specialty fluorinated derivatives plant at Salindres, France
and in China.
LiTFSI is the preferred option for Lithium-Metal-Polymer(®) (LMP) batteries
developed by BatHium and BatScap. Its chemical and thermal stability combined
with excellent electrochemical properties ensure a reinforced intrinsic safety
and longer durability for fully electric vehicles such as the Bluecar(®), the
small and elegant fully electric powered city car from Autolib', that was
created by the Bolloré Group.
This contract complements the strategic supply contract with both companies for
specialty grades of Solvay's high performance polymer Solef(®) PVDF which it
struck last year. Both supply contracts are a result of a common R&D program of
both Groups.
"This signature with a worldwide leader in energy storage represents a
significant step in the development of LiTFSI solutions answering to the high
safety and performance requirements of large capacity electric batteries," said
Jean-François Mousset, Battery Development Business Director at Aroma
Performance. "We are committed to grow LiTFSI capacities to support Bolloré
Group's growth as a strategic partner."
"LiTFSI is a prime material to enhance the performance of our LMP(®) batteries.
The contract that was signed with one of the leaders in fluorinated products
secures BatScap's supply and will most certainly support our growth," added
Jean-Luc Montfort, General Manager of BatHium Canada.
Within the Bolloré Group, Batscap and BatHium, are world leaders in the design
of energy modules using lithium-metal-polymer. BatScap and BatHium are also
specialized in the manufacturing of unique and innovative high-tech batteries
for electric vehicles.
Solvay's Global Business Unit Aroma Performance is the world leader in diphenols
and fluoro-aliphatic derivatives and in the production and sale of LiTFSI. It
produces flavorings for the food industry and intermediates used in the
perfumery, agro-food, electronics, and pharmaceuticals.
SOLVAY is an international chemical Group committed to sustainable development
with a clear focus on innovation and operational excellence. It is realizing
over 90% of its sales in markets where it is among the top 3 global leaders.
Solvay offers a broad range of products that contribute to improving the quality
of life and the performance of its customers in markets such as consumer goods,
construction, automotive, energy, water and environment, and electronics. The
Group is headquartered in Brussels, employs about 31,000 people in 55 countries
and generated EUR 12.7 billion in net sales in 2011 (pro forma). Solvay SA
(SOLB.BE) is listed on NYSE Euronext in Brussels and Paris (Bloomberg: SOLB.BB -
Reuters: SOLBt.BR).
For further details, please contact:
Lamia Narcisse Erik De Leye Maria Alcon-Hidalgo Patrick Verelst
Media Relations Media Relations Investor Relations Investor Relations
+33 1 53 56 59 62 +32 2 264 1530 +33 1 53 56 64 89 +32 2 264 1540
Press Release:
http://hugin.info/133981/R/1637166/526335.pdf
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Source: Solvay S.A. via Thomson Reuters ONE
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