07.05.2024 08:18:36 - dpa-AFX: EQS-News: IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business (english)

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

EQS-News: IBU-tec advanced materials AG / Key word(s): Incoming
Orders/Alliance
IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey,
building on recent successes in service business

07.05.2024 / 08:18 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Corporate News

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

  * Current order volume of the Johnson Matthey project in the seven-digit
    Euro range


  * Specific design and construction of the rotary kiln to be developed by
    IBU-tec


  * Increased throughput by optimized kiln design and reduction of CO2
    emissions at the customer's site


  * Further plant engineering orders from ZSW Ulm and IAB Weimar underline
    IBU-tec's strong position in the 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 part of Johnson
Matthey's sustainability strategy, IBU-tec will supply them with two
customized electrically heated rotary kilns. IBU-tec's experienced
engineering team will be responsible for the development of the specific
design to meet the customer's requirements and the construction of the
rotary kiln. 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. IBU-tec's
optimized new kiln design will increase throughput. In addition, the new
technology increases the energy efficiency of the plant while reducing CO2
emissions and energy requirements. IBU-tec had previously carried out tests
on its own rotary kiln systems using state-of-the-art software and process
simulation, as well as on-site measurements at the customer's premises.

With the order from Johnson Matthey, IBU-tec is building on recent successes
and orders in the service business. For example, IBU-tec won an order from
the Center for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW
Ulm). IBU-tec has taken over the planning, delivery and successful
commissioning of a rotary kiln pilot plant for ZSW Ulm. The customer can use
it to carry out independent tests in the field of battery materials. IBU-tec
also supplied and installed a rotary kiln system for the IAB - Institute for
Applied Building Research Weimar GmbH. IAB uses the kiln for the calcination
of cement and the development of new binding materials. For more than 30
years, the business-oriented research institute has been supporting
customers in the development and recycling of raw materials. Recently,
IBU-tec's expertise in electrically heated rotary kilns, which was employed
to replace more expensive and inefficient gas-fired models, has led to a
significant demand increase.

In the service sector, the IBU-tec Group generates annual sales in the
double-digit million-euro range.

Jörg Leinenbach, CEO of IBU-tec: "In addition to our clearly defined growth
drivers, the service business is a strong and reliable pillar of IBU-tec's
business model. In the field of thermal process technology, for example, we
have unique, partly patented technologies and a team of experts with many
years of experience. We use this know-how in our services for customers as
well as in the development and production of our own products. Our broad
base of renowned international customers of all sizes underscores our strong
market position.


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 engineering 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 for 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.


Contact
edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
4460322 Frankfurt

+49 69 905505-52
IBU-tec@edicto.de


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07.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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:    1896971




End of News EQS News Service
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1896971 07.05.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
IBU-TEC ADV.MATER. INH.ON A0XYHT Frankfurt 10,350 03.07.24 17:20:01 +0,050 +0,49% 0,000 0,000 10,050 10,350

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