Arkema acquires78% stake in Proionic to strengthen battery portfolio
Battery

Arkema acquires78% stake in Proionic to strengthen battery portfolio

Proionic is a pioneering start-up and world leader in the field of ionic liquids, with innovative and competitive proprietary technologies

  • By ICN Bureau | April 19, 2024

Arkema has signed an agreement to acquire a majority stake of nearly 78% in Proionic, a leading start-up in the production and development of ionic liquids, which are key components for the next generation of lithium-ion batteries.

With this acquisition, Arkema completes its broad range of solutions and consolidates its position as a key player in materials regardless of battery technologies.

Founded by Dr. Roland Kalb in 2004 in Graz, Austria, Proionic is a pioneering start-up and world leader in the field of ionic liquids, with innovative and competitive proprietary technologies for both their synthesis and recycling.

Positioned in these markets with high growth potential and with sales of around €2.5 million in 2023, Proionic will benefit from significant technological and commercial synergies with Arkema, which will enable to greatly accelerate its development in the coming years.

"With Proionic, Arkema continues to enrich its unique portfolio of differentiating technologies, and strengthens its position as the partner of choice for co-developing the safer, more efficient and more sustainable batteries of the future. We are delighted to welcome Proionic's teams to this great adventure" says Armand Ajdari, Arkema’s Chief Technology Officer.

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