Umicore and Evonik announce business partnership
Umicore and the Evonik Group subsidiary Evonik Litarion GmbH have announced a business relationship for the supply of lithium-ion cathode materials. Evonik selected Umicore as the supplier of cathode materials for large format Li-ion batteries that are used in electric vehicles and in energy storage systems for stationary applications.
Dr. Kurt Vandeputte, Senior Business Director for Umicore’s Rechargeable Battery Materials business unit commented: “We are delighted to be selected by a major producer in the emerging European market for large format lithium ion rechargeable batteries. This is a strong signal of recognition for our expertise and it reinforces our long-term commitment towards Li-ion technology as an enabler for electrified transportation.”
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