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Seoul, February 1st, 2017 --- Solvay announces today the acquisition of Energain™ Li-Ion high voltage technology from DuPont.
Energain™ technology and formulations enlarge Solvay Special Chem Global Business Unit's existing portfolio of high performance salts and additives for electrolytes and strengthen its capabilities to develop further innovative high-voltage solutions for Li-ion batteries.
The advanced Li-ion battery market is rapidly developing, driven by more stringent regulations and continuous improvements in battery performance and cost. The power and durability of Li-Ion batteries determine the efficiency and reliability of eco-friendly transportation as well as electrical and electronic devices that have all become integral to our daily lives.
“Achieving high energy at an affordable cost, without compromising safety is a key objective of the Li-ion battery industry. With the addition of Energain™ to our portfolio, we are offering new solutions to our partners to reach their high voltage goals” states DU Hua, Solvay Special Chem GBU President.
"This acquisition also reinforces Solvay's competences in areas like modeling and formulations, thus boosting the execution of Solvay's technological roadmap in batteries.” adds Nicolas Cudré-Mauroux, Solvay Group General Manager for Research & Innovation.
Solvay Special Chem is world leader in selected specialties based on Fluorine, Rare Earths, Strontium and Barium. The GBU leverages its distinctive knowledge to provide specialized products and solutions to selected industries, such as: rare earth-based formulations for use in automotive catalysts, luminophores and polishing; NOCOLOK® fluxes for automotive heat exchangers; Solkane® 365 as foam blowing agent in thermal insulation foams; fluorinated intermediates for agrochemicals and pharmaceuticals; process chemicals for semiconductors; barium salts for electronic passive components, etc
An international chemical and advanced materials company, Solvay assists its customers in innovating, developing and delivering high-value, sustainable products and solutions which consume less energy and reduce CO2 emissions, optimize the use of resources and improve the quality of life. Solvay serves diversified global end markets, including automotive and aerospace, consumer goods and healthcare, energy and environment, electricity and electronics, building and construction as well as industrial applications. Solvay is headquartered in Brussels with about 30,000 employees spread across 53 countries. It generated pro forma net sales of € 12.4 bn in 2015, with 90% made from activities where it ranks among the world’s top 3 players. Solvay SA (SOLB.BE) is listed on Euronext in Brussels and Paris (Bloomberg: SOLB:BB - Reuters: SOLB.BR).
