Leclanché SA
Leclanché SA: Leclanché and Litarion (an Electrovaya Company) announce a supply agreement for graphite NMC lithium-ion electrodes
Leclanché SA / Key word(s): Contract Joint Press Release Leclanché and Litarion (an Electrovaya Company) announce a supply agreement for graphite NMC lithium-ion electrodes Yverdon-les-Bains, Switzerland / Kamenz, Germany, 11 May 2015 – Leclanché S.A. (SIX Swiss Exchange: LECN), specialized in the production of large-format lithium-ion cells and energy storage solutions and Litarion GmbH, formerly Evonik-Litarion GmbH and now a subsidiary of Electrovaya Inc. (TSX: EFL) specialized in the research, development, and manufacturing of high performance electrodes, and in particular graphite and NMC based electrodes, today announce that they have entered into a supply agreement for the manufacturing and the commercialization of Lithium ion storage systems incorporating electrodes from Litarion. The two companies will build on the extensive experience that Litarion has gained in the manufacturing of electrodes over the last 10 years and on the strong cell production knowhow and capability that Leclanché has implemented at its German subsidiary located in Willstaett. This agreement is the result of several months of joint collaboration and sees two of Europe’s largest lithium ion production capacities increasing their collaboration. Pierre Blanc, Leclanché’s Chief Technical and Industrial Officer commented: “I am delighted that we have concluded this agreement with Litarion GmbH, whose electrode development and production capability is world class. Through this agreement two of Europe’s largest lithium ion manufacturing capabilities are tightening their relationship to offer the market leading electrochemical storage systems. The combination of Litarion’s capabilities in electrode manufacturing, and Leclanché’s state of the art cell manufacturing using our proprietary manufacturing and separator technology have resulted in lithium ion cells with outstanding performance. Through this agreement we further secure this collaboration.” André Mecklenburg, Litarion’s Chief Operational Officer commented: “The last six months has been a period of constant change at Litarion GmbH. Shifting from a one-hundred-percent supplier to the automotive industry, we are now focusing on the emerging market of energy storage systems and industrial applications. We are extremely happy having this supply contract with Leclanché, fitting excellently in our new core field of business. We are confident that the combination of our high performance electrodes together with Leclanché’s outstanding cell assembly know-how will lead to joint commercial success.”
Media contact Rohan Sant, Voxia communication – Mobile +41 (0)79 120 00 28 For Litarion: About Leclanché About Litarion GmbH Disclaimer +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=WIJNGCPHYE Document title: Joint Press Release 2015-05-11 This Corporate News was distributed by EQS Schweiz AG. www.eqs.com – news archive: http://switzerland.eqs.com/de/News The issuer is responsible for the contents of the release. |
Language: | English | |
Company: | Leclanché SA | |
Av. des Sports 42 | ||
1400 Yverdon-les-Bains | ||
Switzerland | ||
Phone: | +41 (24) 424 65-00 | |
Fax: | +41 (24) 424 65-20 | |
E-mail: | investors@leclanche.com | |
Internet: | www.leclanche.com | |
ISIN: | CH0110303119, CH0016271550 | |
Valor: | A1CUUB, 812950 | |
Listed: | Foreign Exchange(s) SIX | |
End of News | EQS Group News-Service |
355421 2015-05-11 |