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Automotive Product Finder Magazine | LANXESS working on cost-competitive process for lithium production
LANXESS working on cost-competitive process for lithium production
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German firm says that it is committed to India, where it has recorded a robust growth of 12 per cent in the first half (H1) of 2019 with turnover of Euro 149 million compared to Euro 133 million in H1 2018.
German specialty chemicals company LANXESS expects to know the technical and economic feasibility of a technology that can extract lithium directly from brine by the first half (H1) of next year. LANXESS is collaborating with Canadian firm Standard Lithium Ltd to set up a lithium extraction demonstration plant at Lanxess’ South Plant facility in southern Arkansas (USA). The demonstration plant will use Standard Lithium’s proprietary technology to selectively extract lithium from LANXESS’ tailbrine.
“By the first half of 2020, we will come to know the results of this demonstration plant. It is the first project in this field. If results are positive, then it will show that the process is the most cost-competitive to produce lithium and can have big impact on the electric vehicle market,” said Dr Rainier van Roessel, Member of Board of Management of LANXESS AG, during his recent visit to Mumbai. The process is considered to be environmentally friendly as it eliminates the use of evaporation ponds, reduces processing time from months to hours and greatly increases the effective recovery of lithium. Lithium-ion batteries play a key role in the advancement of technologies in the areas of mobility, energy storage and consumer electronics.
Lanxess is already serving the electromobility market with a host of thermoplastic products. For example, customised polyamides Durethan and Pocan from LANXESS are ideal for components in lithium-ion batteries, electric vehicle drives and charging infrastructure. Potential applications include battery covers, high voltage plugs, control unit housings, cell holders and coolant lines. Besides, LANXESS’ Tepex dynalite continuous-fiber-reinforced thermoplastic composite sheets can be used to manufacture even large, highly integrated structural components for automotive lightweight design.
“While manufacturers of electric vehicles (EV) as well as vehicles driven by internal combustion engines (ICE) desire to reduce vehicle weight, lightweighting is more important for EVs than ICE. Our high performance materials (HPM) are predominately used for lightweighting. For example, Tepex is as strong as steel but weighs 30 per cent less,” informed Dr Rainier van Roessel.
Globally, automotives account for about 20 per cent of LANXESS turnover which was Euro 7.2 billion in 2018. Speaking about India market, he said, “At present, the situation is not that easy as it used to be in the past. However, Lanxess is committed to India - where we have shown consistent growth. We have already announced Euro 150 million for capital expenditure (Capex) in India.”
The business in India showed a robust growth of 12 per cent in the H1 of 2019 with a turnover of Euro 149 million compared to Euro 133 million in H1 2018. In 2018, LANXESS registered a turnover of Euro 283 million.
“We have a balanced product portfolio that caters to a wide range of industries. This has helped us offset the effect of slowdown in sectors like automotive with some other better growing industries. Market scenario is tough at present; however, we are convinced about mid to long term growth story of India. Last year, Lanxess decided to invest about Euro 150 million in India. We have recently acquired additional land at Jagadia facility to look at further organic growth options,” stated Neelanjan Banerjee, Vice Chairman & MD, LANXESS India Pvt Ltd.
While manufacturers of EV as well as vehicles driven by ICE desire to reduce vehicle weight, lightweighting is more important for EVs than ICE. Our high performance materials (HPM) are predominately used for lightweighting. Dr Rainier van Roessel, Member of Board of Management of LANXESS AG We have a balanced product portfolio that caters to a wide range of industries. This has helped us offset the effect of slowdown in sectors like automotive with some other better growing industries.
Neelanjan Banerjee, VC & MD, LANXESS India Pvt Ltd
Rainier Van Roessel
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