ENGINEERINGNET.EU –Umicore and Prayon have been developing Lithium Iron Phosphate (LFP) technology independently for a number of years.
The two Belgian companies now cooperate in the joint venture beLife to develop and produce phosphate-based cathode materials for use in lithium-ion rechargeable batteries.
As a first step an industrial pilot plant will be established in Engis (Belgium), the main production facility of Prayon.
Yves Caprara, CEO of Prayon: “As a worldwide leader in high purity phosphoric acid technology, the development of eco-friendly applications for our products is at the core of our strategy. Sourcing is secured by our strong link with OCP SA (Office Chérifien des Phosphates, Morocco), which owns 50 pc of our shares. "
BACKGROUND
Prayon is a producer of phosphate materials for various industrial applications and its high-purity phosphates are one of the key intermediates for LFP battery materials.
Umicore is a world leader in cathode materials for Li-ion batteries and is recognized for its product and application knowhow as well as its large-scale production competences.
