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WACKER Chemical acquires 25% stake in Nexeon, leading manufacturer of silicon-based anode materials to strengthen investment in silicon materials for batteries

he WACKER Chemical Group announced the purchase of a 25% stake in Nexeon, a British company specializing in the development of new battery materials. WACKER and Nexeon have reached an agreement not to disclose specific turnover. Nexeon is engaged in the development, production, and sales of innovative silicon-based anode materials that significantly improve the performance of lithium-ion batteries. WACKER's research and development in this field began in 2010 and has been cooperating with Nexeon since 2013.

In the R & D department directly under the WACKER Group, workers test the stability of lithium-ion batteries under stable temperature conditions.

"The agreement we reached with Nexeon today is an important step we have taken to further expand and strengthen our R & D efforts in the field of silicon-based anode materials for next-generation batteries," said Dr. He Da, WACKER's director in charge of research and development. "In this way, on the one hand, we can focus on our fruitful independent research and development work in this field and actively promote its development; on the other hand, through equity investment, we can further deepen our cooperation with Nexeon in developing complementary material solutions. With decades of professional experience in the field of silicon chemistry, Graco regards the development and production of such innovative materials as its mission. "

Mr. Scott Brown, President of Nexeon, said: "We are very pleased to further deepen our successful cooperation with WACKER. Nexeon is one of the world's leading technology companies in the development of silicon-based materials instead of graphite as anode materials for lithium-ion batteries. With WACKER, we have a strong assistant and partner in furthering research and development and promoting the commercialization of our products. "

Powerful lithium-ion batteries are especially important for mobile communication devices such as smartphones, tablets, and electric vehicles. Silicon-based materials are currently lithium-ion storage capacity * materials, and have the potential to significantly increase the energy storage density and efficiency of lithium-ion batteries.

Nexeon Ltd: Headquartered in the UK, it is committed to developing innovative silicon-based anode materials that can significantly improve battery performance, and issuing corresponding patent licenses. The company works with original equipment manufacturers and battery manufacturers to develop next-generation lithium-ion batteries and has a reputable application technology laboratory in Yokohama, Japan. In the development of materials, Nakstar pays attention to sustainable development and whether the scale of production can be expanded to achieve large-scale production.

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