Corporate News

IBU-tec announces information on the new LFP battery material IBUvolt 402 and further developments in the battery sector for January 29, 2024

Weimar, January 17, 2024 - On January 29, 2024, IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) will introduce the new IBUvolt 402 LFP battery material. The Board of Directors will discuss the potential applications and market opportunities of IBUvolt 402 in a company announcement and video address. IBU-tec anticipates that the new product will be a driver of sustainable growth, thus strategically expanding our range of LFP battery materials, particularly in the wet coating (NMP coating) of battery electrodes, focusing on automotive applications. Additionally, IBU-tec will provide a comprehensive report on further market potential and recent developments in the battery sector. The video address will be available on www.ibu-tec.de for interested capital market participants.

About IBU-tec

The IBU-tec Group produces high-quality, innovative materials for various industries by combining unique, partly patent-protected thermal process engineering technology with the process and material know-how of around 250 highly qualified employees.

IBU-tec offers LFP battery material, an essential component for electromobility and stationary energy storage, as well as solutions for air purification, resource conservation, and plastic packaging reduction. The company is well-positioned for global megatrends, particularly climate and environmental protection, and serves a diverse international customer base, from innovative medium-sized companies to global corporations.

Contact

edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42-44
60322 Frankfurt
t +49 69 905505-52
[email protected]