- Arkema acquires 78% stake in Proionic, a leader in ionic liquids for lithium-ion batteries.
- Proionic, founded in 2004, specializes in innovative and competitive ionic liquid technologies.
- Ionic liquids are crucial for next-gen solid and flexible battery electrolytes.
- Proionic's 2023 sales are around €2.5 million, with strong growth potential.
Acquisition Details
Arkema has signed an agreement to acquire a 78% majority stake in Proionic, a leading start-up specializing in the production and development of ionic liquids. This acquisition aims to enhance Arkema's range of solutions for next-generation lithium-ion batteries.
Proionic's Background
Founded by Dr. Roland Kalb in 2004 in Graz, Austria, Proionic is recognized as a pioneer and world leader in the field of ionic liquids. The company has developed innovative and competitive proprietary technologies for both the synthesis and recycling of ionic liquids.
Technological Advancements
Ionic liquids, known for their electrical conductivity and non-flammability, are essential in the formulation of electrolytes for next-generation solid batteries. They can also be used in gel form to create flexible batteries. These properties make them crucial for improving battery performance in terms of energy density, safety, temperature resistance, and cooling system efficiency.
Market Potential
Beyond batteries, ionic liquids are experiencing strong growth in biomass processing, cellulose conversion into textile fibers, and metal processing without volatile organic compounds. This aligns with Arkema's strategy of offering innovative and sustainable solutions.
Future Synergies
Proionic, with sales of around €2.5 million in 2023, is positioned in high-growth markets and will benefit from significant technological and commercial synergies with Arkema. This partnership is expected to accelerate Proionic's development in the coming years.
