Specialty chemicals giant LANXESS and IBU-tec advanced materials have announced a ground-breaking research collaboration. The partnership aims to develop high-performance iron oxides for lithium iron phosphate (LFP) cathode materials, potentially enhancing the capabilities of batteries used in electric vehicles and stationary energy storage systems.
The joint venture between the two German firms is set to focus on improving the electrochemical properties of LFP batteries, which are increasingly favoured for electric vehicle production, especially in volume models. The collaborative research will aim to increase energy density, charging speed, and the longevity of charging cycles, addressing key areas of battery performance that are critical for the adoption of electric vehicles.
LFP batteries offer significant cost advantages—up to 50% cheaper—compared to other battery technologies such as nickel/manganese/cobalt oxide (NMC) and nickel/cobalt/aluminium oxide (NCA). Moreover, LFP batteries are known for their safety benefits, including a reduced risk of ignition under normal operating conditions, making them a preferable choice for automotive manufacturers.
Through this partnership, LANXESS and IBU-tec aim to establish a robust, independent European value chain for LFP batteries, significantly reducing the carbon footprint associated with their production.
IBU-tec, the only European manufacturer of LFP cathode material, and LANXESS, which operates the world's largest plant for the production of iron oxide in Krefeld-Uerdingen, Germany, are combining their considerable resources and expertise. LANXESS brings nearly a century of experience in developing high-quality iron oxide, essential for manufacturing batteries that meet the specific needs of the electric vehicle market.
Michael Ertl, Head of the Inorganic Pigments business unit at LANXESS, emphasised the strategic nature of the partnership, stating, “Partnering with IBU-tec, a leader in LFP cathode materials, positions us to make significant advancements in battery technology. This cooperation is pivotal for supporting sustainable practices and reinforcing the European battery materials sector.”
Jörg Leinenbach, CEO of IBU-tec, highlighted the synergistic potential of the collaboration: “Working with LANXESS will leverage our joint expertise to significantly advance the LFP battery market in Europe. This collaboration is a crucial step towards establishing a strong, independent supply chain and enhancing our market presence.”
Beyond iron oxide for battery precursors, LANXESS is actively expanding its portfolio to support various aspects of electro mobility. The company offers a wide array of solutions, including raw materials for electrolytes, battery coolants, flame retardants for plastic components in electric vehicles, and specialised dyes for high-voltage components, showcasing its comprehensive approach to supporting the green mobility transition.
As the partnership progresses, further developments are expected to be announced in January, promising new advancements and applications in battery technology.
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