Weimar, 14 June 2021 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has entered
into an extensive sales cooperation with a globally operating Asian group for the current battery
material of IBU-tec and future products. This represents an important achievement for IBU-tec with a
view to the stepped-up penetration of the Asian market and the expansion of the battery business.
The distribution partner is one of the worldwide leading suppliers in the field of battery materials,
which are used, for instance, in batteries for electromobility. The battery material from IBU-tec
stands out with its high quality and efficiency. The fields of application of the current product include
LFP battery cells, which are used, for instance, for e-mobility and stationary energy storage systems.
It will be available on the global markets from the beginning of the fourth quarter 2021.
Due to the large potential of the sales cooperation and the already high interest in the battery
product, IBU-tec will begin to manufacture for stock, and will expand the corresponding stocking
until the end of the year.
Ulrich Weitz, CEO, IBU-tec advanced materials AG: “The fact that we have been able to enter into a
sales agreement for our battery product with one of the leading global suppliers of cathode materials
even before the official market launch, is a milestone for our company. This shows that we perfectly
meet the market demand with our efficient and high-quality product. Moreover, we continue to
work full speed within the framework of research projects on the development of further highquality
battery materials.”
About IBU-tec
The IBU-tec Group develops and produces innovative materials of the highest quality for the
industry. It combines unique, partly patent-protected thermal process engineering, with the process
and material know-how of around 250 highly qualified employees. The products include important
components of battery materials for electric mobility and stationary energy storage, as well as
solutions for air purification, resource conservation or the reduction of plastic packaging. IBU-tec is
thus in a long-term position to respond to global mega trends, especially in the fields of climate and
environmental protection. It has an international customer base ranging from innovative mediumsized
companies to global corporations.
Further information can be found online at www.ibu-tec.de.
Contact
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42-44
60322 Frankfurt
Tel. +49 (0) 69-905505-52
Email: IBU-tec(at)edicto.de