ISIN:DE000A0XYHT5

EQS-News: IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business

Retrieved on: 
Friday, May 10, 2024

IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business

Key Points: 
  • IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business
    The issuer is solely responsible for the content of this announcement.
  • IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business
    Weimar, 07.05.2024, - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has received a major seven-digit Euro order from Johnson Matthey plc, a global leader in sustainable technologies.
  • As a result, IBU-tec will supply Johnson Matthey with special rotary kiln equipment designed to meet the specific requirements of the catalyst manufacturing process and the corresponding substrates.
  • With the order from Johnson Matthey, IBU-tec is building on recent successes and orders in the service business.

EQS-News: IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

Retrieved on: 
Wednesday, April 10, 2024

EUR 3.0 million

Key Points: 
  • EUR 3.0 million
    Important milestones achieved in the battery sector at the beginning of 2024: Cooperation with LANXESS and launch of the new product IBUvolt® LFP 402
    Weimar, March 21, 2024 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) publishes its audited key financial figures for the 2023 financial year in accordance with HGB accounting.
  • Accordingly, revenue in the most recently expected range was EUR 48.2 million, compared to EUR 53.9 million in the 2022 financial year (see ad hoc announcement dated December 21, 2023).
  • EBITDA amounted to around EUR 3.0 million, compared to EUR 6.7 million in the same period of the previous year.
  • Accordingly, the EBITDA margin is expected to be around 7% in the 2024 financial year.

EQS-News: IBU-tec Advances Development in Sodium-Ion Battery Research Making Further Progress

Retrieved on: 
Wednesday, March 13, 2024

Among other things, IBU-tec is currently making progress in expanding production towards larger volumes and is pushing ahead with research projects.

Key Points: 
  • Among other things, IBU-tec is currently making progress in expanding production towards larger volumes and is pushing ahead with research projects.
  • IBU-tec has already successfully completed the development and production of phase-pure cathode active material made of sodium manganese layer oxide.
  • In the next step of the research project, IBU-tec is testing the cycle stability of the cathode in full cells and further optimizing it.
  • Ulrich Weitz, Managing Director of IBUvolt battery materials: "With the further development of innovative battery materials, we are securing the future viability of IBU-tec.

EQS-News: IBU-tec enters into cooperation agreement with LANXESS / Development of a European iron oxide product for LFP battery material

Retrieved on: 
Tuesday, January 30, 2024

Weimar, January 23, 2024 – IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) has signed a cooperation agreement with specialty chemicals company LANXESS.

Key Points: 
  • Weimar, January 23, 2024 – IBU-tec advanced materials AG (ISIN: DE000A0XYHT5) has signed a cooperation agreement with specialty chemicals company LANXESS.
  • The two companies will collaborate to develop an innovative European iron oxide product, which will serve as a crucial component in the production of enhanced LFP battery materials.
  • The agreement between IBU-tec and LANXESS also marks the beginning of additional joint activities to develop innovative European battery materials.
  • The innovative iron oxide product from IBU-tec and LANXESS is specifically manufactured for LFP production in Europe.

EQS-News: IBU-tec launches IBUvolt 402, a new European LFP battery product with a CO2 footprint approximately 40% lower than market average and provides updates on advances in the battery sector

Retrieved on: 
Tuesday, January 30, 2024

There has already been significant interest from potential customers, positioning the company strongly in the future market of LFP battery materials.

Key Points: 
  • There has already been significant interest from potential customers, positioning the company strongly in the future market of LFP battery materials.
  • IBUvolt 402 is a European LFP material with a CO2 footprint that is approximately 40% lower than the market average, currently dominated by Chinese suppliers.
  • IBUvolt 402 is an excellent addition to the existing LFP battery materials IBUvolt 400 and IBUvolt 200.
  • Many customers have already expressed interest in a low CO2 footprint European LFP battery material to IBU-tec, even before its launch.