The sale includes Johnson Matthey’s assets at the Battery Technology Centre in Oxford & Battery Technology Centre and pilot plant in Billingham, a research centre in Moosburg, Germany and the partly constructed site in Konin, Poland.
The company has been looking to commercialise its range of high nickel cathode materials and has been exploring strategic partnerships for the battery division it set up in 2012.
The project aims to improve the energy density, power density and low-temperature performance of battery technologies through the application of innovative carbons.
This is a further strategic development in the commercialisation of eLNO® battery technology, its portfolio of leading nickel rich advanced cathode materials.
Johnson Matthey, a global leader in sustainable technologies, is to open a new battery application centre in Milton Park in Oxfordshire.