IBU-tec advanced materials AG enters into extensive sales cooperation for battery materials with globally operating Asian group
DGAP-News: IBU-tec advanced materials AG
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IBU-tec advanced materials AG enters into extensive sales cooperation for battery materials with globally operating Asian group - Stepped-up penetration of the Asian market and extension of the battery business in line with strategy - Sales partner of IBU-tec is one of the worldwide leading suppliers in the field of battery materials for electromobility, amongst others - IBU-tec will begin to build up stock with own battery product to satisfy the anticipated high demand
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 high-quality 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 medium-sized companies to global corporations. Contact
14.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | IBU-tec advanced materials AG |
Hainweg 9-10 | |
99425 Weimar | |
Germany | |
Phone: | +49 (0)3643 - 8649-0 |
Fax: | +49 (0)3643 - 8649-30 |
E-mail: | mail@ibu-tec.de |
Internet: | www.ibu-tec.de |
ISIN: | DE000A0XYHT5 |
WKN: | A0XYHT |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Frankfurt (Scale), Tradegate Exchange |
EQS News ID: | 1207226 |
End of News | DGAP News Service |
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1207226 14.06.2021