Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
dpa

HOME > dpa

Altech Industries to produce battery raw materials in eastern Germany

January 18, 2022


Abstract : The technology manufacturer Altech Industries is to set up shop in Lusatia, a region located in the eastern German states of Brandenburg and Saxony.

CAPTION: In this building in the Schwarze Pumpe industrial park, Altech Industries plans to build a pilot plant for the production of anode graphite. (picture alliance / dpa)

The technology manufacturer Altech Industries is to set up shop in Lusatia, a region located in the eastern German states of Brandenburg and Saxony. The company plans to establish a production site for coating high-performance lithium-ion batteries on a 14-hectare site at the Schwarze Pumpe Industrial Park (ISP) in Spreetal (Bautzen) near Spremberg (Spree-Neisse). Executive board member Uwe Ahrens presented corresponding plans at the industrial park on Wednesday. The German subsidiary of the Australian company Altech Chemical plans to invest up to 500 million euros in the project. Around 150 jobs are to be created. Among other things, process technicians, logisticians, and other motivated people from the region will be needed, Ahrens said.

First, the construction of a pilot plant for the production of anode graphite is planned in the near future. It will be coated and used for high-performance lithium-ion batteries. The production site should be ready within the next two years. There are also plans to produce alumina on site. Currently, the company says it is building a plant in Malaysia for this purpose.

In July 2020, the company had secured an option agreement to buy the site in Lusatia at some point. The purchase agreement has now been signed.

Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.

Scan the QR code and push it to your mobile phone

Keyword: Altech Industries

Reading:

China's Jiangsu sees record power consumption in 2021

Thailand Industrial Sentiment Index increases to 86.8 in December

China FDI inflows hit record high in 2021

Profile of Jing'an District

China sees growing number of invention patents: official

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial