Page 157 - CW E-Magazine (6-2-2024)

News from Abroad

CLOSING THE LOOP
Iveco Group chooses BASF as first recycling

partner for EV batteries

BASF has announced that it has
been selected by Italy’s Iveco Group as
its first partner to provide a recycling
solution for the lithium-ion batteries
(LIBs) of the Group’s electric vehicles
(EVs).

This decision is part of Iveco Group’s
circular economy strategy which follows
the 4R Framework – Repair, Refurbish,
Repurpose and Recycling – to increase
the lifetime of LIBs while decreasing
their overall environmental impact. Iveco
Group will also ensure compliance with
the Extended Producer Responsibility
policy, which holds producers responsi-
ble for the entire life cycle of the products
they introduce on the market, from their
design until end-of-life. BASF, which has the batteries to black mass, from which with the Group’s commitment to reach
recently inaugurated Europe’s first co- critical raw materials – such as nickel, net zero carbon by 2040,” commented
located centre of battery material produc- cobalt, lithium – can be extracted and Ms. Angela Qu, Chief Supply Chain
tion and battery recycling in Schwarzheide, recovered for use in the manufacturing Officer, Iveco Group.
Germany, will organise and manage of new batteries. Thus, BASF will
the entire recycling process for the LIBs establish the full battery recycling value “The partnership with Iveco Group
used on Iveco Group electric vans, buses chain in Europe to locally provide recy- is our first agreement to recycle batte-
and trucks. cled metals with a low carbon footprint ries from electric vans, buses and trucks
for the battery industry. “BASF’s broad and an important step for our battery
The agreement includes the collec- battery collection network and recy- recycling business to expand our acti-
tion, packaging, transport, and recy- cling capabilities in Europe will help us vities into the commercial vehicle space,”
cling of batteries, in various European close the loop from end-of-life batteries said Dr. Daniel Schönfelder, President of
countries including, among others, to new ones. Working together we will BASF’s Catalysts division, who is also
France, Germany and UK. After collec- enable a circular economy and reduce responsible for the company’s battery
tion, BASF will mechanically process our CO footprint, which is fully in line materials and battery recycling business.
2
BP to acquire Getec Energie

UK’s energy giant, BP, has agreed increase its interface with customers in
to acquire Getec Energie, a German both established (power and gas) and
supplier of energy to commercial developing (renewable power, biogas
and industrial (C&I) customers in and hydrogen) energy markets,” a BP
Germany. On completion, the acquisition press note said.
will materially expand BP’s European
power and gas C&I supply presence, This agreement follows from BP’s
enabling it to deliver integrated energy in Europe. Financial details of the deal expansion of its C&I power and gas
solutions directly to existing and new were not disclosed. “The acquisition business in the US through the 2022
customers in Germany and elsewhere will boost BP’s capabilities and acquisition of EDF Energy Services.

Chemical Weekly February 6, 2024 157

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