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PPG, Cellforce Group to Develop Sustainable Battery Solutions
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
PPG (NYSE: PPG) is collaborating with Cellforce Group, a joint venture between Porsche and CUSTOMCELLS, to develop sustainable battery cell solutions for electric vehicles. PPG will supply N-Methylpyrrolidone (NMP)-free cathode binder systems, promoting safer production practices in lithium-ion battery manufacturing. The partnership aims to enhance battery performance and sustainability in the growing automotive energy storage market, leveraging PPG's extensive materials expertise to support advancements in energy density, service life, and cost efficiency.
Positive
Partnership with Cellforce Group enhances PPG's position in the electric vehicle market.
Development of NMP-free binder systems promotes safer battery production practices.
Focus on sustainable solutions aligns with global regulatory trends and consumer demands.
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None.
PITTSBURGH--(BUSINESS WIRE)--
PPG (NYSE:PPG) today announced that it has partnered with Cellforce Group, which is a joint venture between Porsche and CUSTOMCELLS, to develop exclusive sustainable battery cell solutions to better serve the electric vehicle and mobility segment.
PPG will supply cathode binder systems, which are free of N-Methylpyrrolidone (NMP) solvent, to the Cellforce Group. The collaboration would eliminate the use of NMP in producing the conductive-carbon slurry that forms cathodes for Li-ion batteries. NMP, which is widely used in electrode manufacturing, has been identified as a reproductive hazard by several global regulatory agencies and was recently identified by the U.S. Environmental Protection Agency (EPA) as an “unreasonable risk” to workers in certain conditions.
“PPG is eager to partner with the Cellforce Group to build the next generation of battery cell technology that will define a new level of sustainability for the electro-mobility segment,” said Markus Vogt, PPG general manager of mobility. “Additionally, the partnership enables collaboration to provide critical technology development to increase cell performance and safety.”
PPG is helping vehicle, battery and component manufacturers accelerate the development of tomorrow’s automotive energy storage solutions. The company’s broad-based materials expertise covers virtually every area of Li-ion battery design and construction, helping customers boost energy density, extend service life, improve safety, increase manufacturing throughput and reduce cost per kilowatt hour.
PPG’s dedicated team of mobility professionals provides differentiated solutions for automotive electro-mobility, such as sustainable binder solutions for the battery cell and coating solutions for the battery pack that include battery fire protection, anti-corrosion coatings for battery packs/trays, dielectric shielding and thermally conductive materials.
About the Cellforce Group:
The Cellforce Group initially develops and produces high-performance lithium-ion pouch cells for special automotive applications. Porsche AG holds a 72.7 percent stake in the company, with Customcells holding the remaining shares. The managing directors are Markus Gräf as Chief Operating Officer (COO), Wolfgang Hüsken as Chief Financial Officer (CFO) and Torge Thönnessen as Chief Technology Officer (CTO). By 2025, the workforce is expected to grow from 23 employees at present to around 100.
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 75 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.
We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.
What is the significance of PPG's partnership with Cellforce Group for electric vehicles?
PPG's partnership with Cellforce Group aims to enhance battery technology by developing sustainable cathode binder systems, critical for lithium-ion batteries used in electric vehicles.
How does PPG contribute to the development of battery cell technology?
PPG provides expertise in materials and develops NMP-free binder systems, improving safety and sustainability in battery cell manufacturing.
What are the expected outcomes of PPG's collaboration with Cellforce Group?
The collaboration is expected to increase battery performance, safety, and sustainability, addressing the growing demand for effective electric vehicle solutions.
When was the partnership between PPG and Cellforce Group announced?
The partnership was announced on January 13, 2022.
What does PPG's sustainable technology development focus on?
PPG's sustainable technology development focuses on enhancing energy density, extending service life, and reducing costs of lithium-ion batteries.
