Lithium-Ion Battery Recycling Plant To Be Built In Taiwan By RecycLiCo & Zenith
2 hours agoplant. RecycLiCo Battery Materials Inc. and Zenith Chemical Corporation have created a 50–50 joint venture for the project, which will be able to recycle 2,000 metric tons per year of black mass material. The project will entail $25 million of investment to start.
” The name of that company is not included, but I’m sure any potential buyers of their end product would be able to get more details and be able to check the product quality themselves. Zenith also has a shareholding partnership with Hanwa Co., Ltd, a large publicly traded Japanese distribution company known for its expertise in lithium-ion battery-related materials. Additionally, Zenith collaborates, through a joint venture, with Central Glass Co., Ltd., a leading Japanese publicly traded company specializing in fluorine-based chemicals, and cater to the semiconductor and lithium-ion battery markets.
“Zenith is an ideal partner for our first joint venture on several levels. They have deep technical expertise in chemical processing, and established infrastructure, which will enable us to move swiftly and efficiently toward production,” Paul Hildebrand, Chairman of RecycLiCo, said. “Zenith has extensive contacts in the lithium-ion battery field, and as a private company, they possess a dynamic and flexible management team capable of reacting quickly to emerging opportunities.
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