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EQS-News: IBU-tec advanced materials AG / Key word(s): Alliance
IBU-tec enters into recycling partnership with GRS Batterien
2024-06-27 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
Corporate News
IBU-tec enters into recycling partnership with GRS Batterien
. Pollutant-free "Green Mass" to be obtained from end-of-life LFP batteries in pilot project
. IBU-tec rotary kilns for the thermal treatment of recycled materials
. Booming market environment: 10-fold increase in recycled materials expected worldwide from 2030 to 2040

. EU regulation makes the use of recycled battery materials mandatory
Weimar, 27 June 2024 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has entered into a partnership
with GRS Batterien Service GmbH and the Joint Take-Back System Batteries Foundation for the development of the
sustainable recycling compound "Green Mass" from used LFP batteries. IBU-tec is thus further expanding its position in
the rapidly growing battery recycling market. As part of the cooperation, the black mass produced during the recycling
of LFP batteries will be enriched with lithium and thermally treated to produce a pollutant-free "green mass". GRS
Batterien Service GmbH, the Joint Take-Back System Batteries Foundation and IBU-tec have agreed on a corresponding
pilot project. The sustainable recycled product can ultimately be used for the production of new batteries. IBU-tec
will support the material development of the "Green Mass" with its many years of expertise in the field of thermal
process engineering and recycling. IBU-tec rotary kilns will be used for the thermal treatment of the recycled
material. IBU-tec has both the right know-how and suitable production sites where the Green Mass process can be
implemented on a large scale.
The battery recycling market has high growth potential, driven by the EU Battery Directive that came into force at the
beginning of the year. Manufacturers of industrial and electric car batteries are required to use recycled battery
materials from end-of-life batteries in the production of new lithium batteries. According to a PwC study, recycled
battery materials are expected to increase tenfold between 2030 and 2040. In particular, the growth is expected to
accelerate from 2030 as the first wave of electrification reaches the end of its life. By 2030, PwC expects investments
of more than EUR2 billion in the European recycling market.
Jörg Leinenbach, CEO of IBU-tec: "With this partnership, we are further expanding our market position in the booming
recycling business. The recycling of valuable battery raw materials is necessary from an environmental point of view
and helps to reduce the CO2 footprint. GRS Batterien Service GmbH and the Joint Take-Back System Batteries Foundation
are important players in the field of battery recycling, developing and implementing sustainable take-back and
recycling solutions for the battery industry, for example at the take-back points of major supermarket chains. IBU-tec
contributes its many years of know-how in the field of thermal process engineering and recycling."
Dr.-Ing. Julia Hobohm, Managing Director of GRS Batterien Service GmbH: "With IBU-tec, we have the right partner for
the Green Mass pilot project at our side. Due to the steadily increasing use, especially of LFP batteries, it is
necessary to accelerate battery recycling and further develop it through innovative and environmentally friendly
technologies. After all, raw materials from lithium batteries are key elements for renewable energies and e-mobility.
Together with IBU-tec, we want to drive these innovations in battery recycling forward."

About IBU-tec
The IBU-tec Group develops and produces innovative materials of the highest quality for industry. In doing so, it
combines unique, partly patent-protected thermal process technology with the process and material know-how of around
250 highly qualified employees.
The company's own products include LFP battery material, which is an important component of batteries for
electromobility and stationary energy storage, as well as solutions for air purification, resource conservation and the
reduction of plastic packaging. IBU-tec is thus positioned in the long term in global megatrends - especially climate
and environmental protection - and has an international customer base ranging from innovative medium-sized companies to
global corporations.
About the Joint Take-Back System Service (GRS Service GmbH)
In order to contribute to the UN Sustainable Development Goals of the 2030 Agenda and to achieve national and EU-wide
recycling and recovery targets, manufacturers with extended product responsibility are financially and operationally
responsible for mapping the cycle of their products from placing on the market, use, collection and efficient
recycling.
GRS Service GmbH assumes this product responsibility and maps the entire process as PRO. With the industry solutions
GRS eMobility, GRS Healthcare, GRS Powertools and GRS Consumer, GRS Service GmbH offers manufacturers and distributors
future-oriented take-back solutions that are geared to future customer needs. In addition, GRS Service GmbH runs the
operational business of the GRS Batteries Foundation.
About the GRS Batteries Foundation
Founded in 1998 by leading manufacturers and the German Electrical and Electronic Manufacturers' Association (ZVEI),
the non-profit GRS Batteries Foundation has been fulfilling the battery industry's legal take-back obligations ever
since. In the meantime, the GRS Batteries Foundation, based in Hamburg, has become a center for producer responsibility
and recycling management. Through extensive research, development and consulting projects, it develops and implements
sustainable take-back, recycling and life-cycle solutions for the battery industry geared to future customer needs. The
Foundation's research and consulting expertise is non-profit, non-discriminatory and equally open to all manufacturers.
The GRS Battery Foundation continues to operate a manufacturer-owned take-back system in accordance with § 7 of the
Battery Act, also on a non-profit and non-discriminatory basis, and thus fulfills its product responsibility for spent
portable batteries. Through its associated company GRS Service GmbH, the Foundation can also offer various take-back
systems for industrial batteries.
Contact
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42-44
60322 Frankfurt
t +49 69 905505-52
IBU-tec@edicto.de


2024-06-27 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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Language:     English 
Company:      IBU-tec advanced materials AG 

Hainweg 9-10
99425 Weimar
Germany

Phone:        +49 (0)3643 - 8649-0 
Fax:          +49 (0)3643 - 8649-30 
E-mail:       mail@ibu-tec.de 
Internet:     www.ibu-tec.de 
ISIN:         DE000A0XYHT5 
WKN:          A0XYHT 
Indices:      Scale 30 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, 

Tradegate Exchange
EQS News ID: 1934751

End of News EQS News Service
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1934751 2024-06-27 CET/CEST

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June 27, 2024 04:00 ET (08:00 GMT)