Nexeon breaks ground on silicon anode material plant

Nexeon breaks ground on silicon anode material plant

Business news |
By Nick Flaherty

Construction has officially begun on the first commercial-scale silicon anode material plant for UK battery materials startup Nexeon for production in 2025 for Panasonic.

The strategically located site in Gunsan, South Korea, sits adjacent to the facilities of Nexeon investor OCI, enabling a supply of silane, a critical raw material.

By 2030, the new facility will have the capacity to produce significant volumes of material annually, allowing Nexeon to supply its pipeline of customers globally with silicon anode materials. These significantly increase the energy density of lithium-ion batteries, a key factor in extending the range, and improve charging performance of electric vehicles. The second-generation “drop-in” technology allows battery manufacturers to easily integrate higher silicon content into their existing production processes without requiring additional capital expenditure.

Panasonic, Nexeon partner on silicon battery tech

“Breaking ground on our first commercial production facility is the culmination of many years of dedication and technical accomplishments by the Nexeon team. It marks a key moment in our growth and reflects the commercial interest customers have shown in our technology,” said Scott Brown, CEO of Nexeon. “By beginning construction on our first commercial production site, we are on track to deliver the game-changing benefits of silicon anode materials to the global battery market.”

The exclusive partnership with OCI, one of the world’s largest manufacturers of silane outside of China, provides a secure and cost-effective supply of a key material for Nexeon.  The dedicated pipeline for silane delivery streamlines production and minimizes transportation costs while improving sustainability. OCI can also scale production alongside Nexeon, ensuring a reliable supply of raw materials far into the future to meet growing market demands.

Nexeon to build first volume production plant for Panasonic silicon batteries  

“We are thrilled to partner with Nexeon in this endeavour,” said Yoo-Shin Kim, President (CEO) of OCI. “This collaboration leverages the strengths of both companies, combining OCI’s expertise in advanced materials with Nexeon’s leading silicon anode technology. Together, we will deliver high-quality, cost-competitive solutions that accelerate the future of battery technology.”  OCI will produce silane by using by-products from an existing manufacturing process used for semiconductor materials, further improving the costs.

Attending the groundbreaking ceremony were Nexeon CEO Scott Brown, Jeonbuk State Vice-Governor Jonghun Kim, Gunsan Mayor Imjune Kang, National Assembly Member Youngdae Shin, Jeonbuk State Council Taechang Kang and Dongku Kim, OCI CEO Yooshin Kim, and SC Engineering EVP Dae-sik Wang.

Management from Nexeon investors SKC, SJL Partners, BNW and Shinhan Securities also joined the ceremony.

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