Cylib starts building battery recycling plant in Germany
When the factory opens in 2026, it will recycle end-of-life batteries and will create around 170 jobs in the region. Cylib acquired the 236,000 square ft (22,000 m²) site in a chemical park managed by Currenta. The facility will focus on recycling raw materials from lithium-ion batteries, “implementing a water-based lithium and graphite recovery, including production scrap and black mass, reducing the environmental footprint (GHG-potential) by 30% compared to conventional methods,” Cylib writes.
Tim Hartmann, CEO of Currenta, which owns the Chempark Dormagen, added: “Our goal is to become Europe’s leading sustainable chemical park. The new industrial move in battery recycling and our shared commitment to the Dormagen ecosystem perfectly align with our strategy.”
“The existing chemical infrastructure at Chempark offers Cylib significant advantages in terms of speed on our path to large-scale industrialization,” notes Paul Sabarny, CTO and Co-Founder of cylib. “We will leverage the potential of the ecosystem at Chempark Dormagen to make our sustainable products globally accessible,” added Dr Gideon Schwich, COO and Co-Founder of Cylib.
Just a few months ago, Cylib announced that it had closed a financing round worth 55 million euros, and announced intentions to “scale up production on an industrial scale and expand the interdisciplinary team.” In 2023, the company opened its first pilot recycling plant.
0 Comments