Solvay strikes multi year contract with Bolloré Group to supply lithium salt for LMP batteries

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).


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