Arkema Strengthens Its Range of Solutions for Next-Generation Batteries With the Acquisition of a Majority Stake in Proionic
17 Aprile 2024 - 7:19PM
Business Wire
Regulatory News:
Arkema (Paris:AKE) has signed an agreement to acquire a
majority stake of nearly 78% in Proionic, a leading start-up in the
production and development of ionic liquids, which are key
components for the next generation of lithium-ion batteries. With
this acquisition, Arkema completes its broad range of solutions and
consolidates its position as a key player in materials regardless
of battery technologies.
Founded by Dr. Roland Kalb in 2004 in Graz, Austria, Proionic is
a pioneering start-up and world leader in the field of ionic
liquids, with innovative and competitive proprietary technologies
for both their synthesis and recycling.
Combining electrical conductivity and non-flammability, these
ionic liquids are key components in the formulation of electrolytes
for the next generation of solid batteries, and can even be used,
in gel form, to make flexible batteries. With this acquisition,
Arkema is preparing for the next technological developments and
consolidating its position as a key player in supporting its
customers in the battery ecosystem, regardless of the technologies.
The Group has an unrivalled range of high value-added materials
that improve the performance of today's batteries, particularly in
terms of energy density, safety, temperature resistance and cooling
system performance.
Moreover, thanks to their high dissolving power and low
volatility, ionic liquids are enjoying strong growth in biomass
processing, the conversion of cellulose into textile fibers, and
the processing of metals without volatile organic compounds, in
perfect alignment with Arkema's strategy of offering innovative and
sustainable solutions.
Positioned in these markets with high growth potential and with
sales of around €2.5 million in 2023, Proionic will benefit from
significant technological and commercial synergies with Arkema,
which will enable to greatly accelerate its development in the
coming years.
"With Proionic, Arkema continues to enrich its unique portfolio
of differentiating technologies, and strengthens its position as
the partner of choice for co-developing the safer, more efficient
and more sustainable batteries of the future. We are delighted to
welcome Proionic's teams to this great adventure," says Armand
Ajdari, Arkema’s Chief Technology Officer.
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version on businesswire.com: https://www.businesswire.com/news/home/20240417986006/en/
Investor relations contacts : Béatrice Zilm +33 (0)1 49 00 75 58
beatrice.zilm@arkema.com Peter Farren +33 (0)1 49 00 73 12
peter.farren@arkema.com Mathieu Briatta +33 (0)1 49 00 72 07
mathieu.briatta@arkema.com Alexis Noël +33 (0)1 49 00 74 37
alexis.noel@arkema.com
Media contact : Anne Plaisance +33 (0)6 81 87 48 77
anne.plaisance@arkema.com
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