Company News
Milestone for silicon anode production facility
May 17 2024
Silicon anode materials producer Nexeon has celebrated a ground-breaking ceremony for its first commercial production facility, based in Gunsan South Korea, a milestone that positions the company to deliver supplies of anode materials during 2025.
The company’s silicon anode materials are said to significantly increase the energy density of lithium-ion batteries, a key factor in extending the range, and improve charging performance of electric vehicles. The company's second-generation "drop-in" technology allows battery manufacturers to easily integrate higher silicon content into their existing production processes without requiring additional capital expenditure.
"Breaking ground on our first commercial production facility is the culmination of many years of dedication and technical accomplishments by the Nexeon team. It marks a key moment in our growth and reflects the commercial interest customers have shown in our technology," said Scott Brown, CEO of Nexeon. "By beginning construction on our first commercial production site, we are on track to deliver the game-changing benefits of silicon anode materials to the global battery market."
The company has partnered with OCI, one of the world's largest manufacturers of silane outside of China, which both aligns with Nexeon’s sustainability mission and has the capability to scale production alongside the company’s requirements, ensuring a reliable supply of raw materials to meet future growing market demands.
"We are thrilled to partner with Nexeon in this endeavour," said Yoo-Shin Kim, President (CEO) of OCI. "This collaboration leverages the strengths of both companies, combining OCI's expertise in advanced materials with Nexeon's leading silicon anode technology. Together, we will deliver high-quality, cost-competitive solutions that accelerate the future of battery technology."
OCI will produce silane by utilising by-products from an existing manufacturing process used for semiconductor materials, further compounding cost-competitiveness.
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