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Sasol and LOTTE explore developing materials for EV batteries

Sasol and LOTTE explore developing materials for EV batteries
Photo courtesy of LOTTE Chemical

Sasol Chemicals, a business unit of Sasol Ltd., and LOTTE Chemical have agreed to conduct a pre-feasibility study of a joint project to build, own and operate a plant to produce battery-grade electrolyte solvents, key components of lithium-ion batteries for electric vehicles.

The companies will assess the suitability of Sasolโ€™s locations near Lake Charles, Louisiana, in the United States and Marl in Germany for a facility that could produce a variety of battery-grade electrolyte solvents, using feedstock provided by Sasol and third parties and employing proprietary technologies of both LOTTE and third-party licensors.

“The increase in battery demand is driving the rapid growth of demand for the key materials that constitute a lithium-ion battery. LOTTE Chemical will lead the global battery materials market quantitatively and qualitatively by rapidly expanding our battery materials business,” said Young-Jun Lee, head of the Battery Materials Business Group for LOTTE Chemical.

โ€œThis agreement is consistent with our strategy to answer the sustainability challenge through the solutions we provide our customers,โ€ said Shelley Grahmann, vice president of Strategy Development and Optimisation for Sasol Chemicals. โ€œWith an existing Sasol footprint and strong site infrastructure available in Marl, and the development of our Lake Charles site as a sustainability hub, we are eager to determine if either site would be ideally suited for a facility to provide key materials to the lithium-ion battery market.โ€ 

The project will also consider options to minimize carbon footprint, such as the usage of renewable energy.

Electrolyte solvents enable lithium-ion batteries by allowing lithium ions to travel more easily between the batteryโ€™s anode and cathode. Lithium-ion batteries are likely to be the key power source for electric vehicles.