Agency / Source: BASF

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Iveco Group Chooses BASF as First Recycling Partner for Electric Vehicle Batteries - Iveco Group announces the selection of BASF as its first partner to provide a recycling solution for the lithium-ion batteries of the Group’s electric vehicles [EXM: IVG] - IvecoGroup.com / Catalysts.BASF.com
Iveco Group Chooses BASF as First Recycling Partner for Electric Vehicle Batteries

 

PRZOOM - /newswire/ - Ludwigshafen, Rhineland-Palatinate, Germany, 2024/01/23 - Iveco Group announces the selection of BASF as its first partner to provide a recycling solution for the lithium-ion batteries of the Group’s electric vehicles [EXM: IVG] - IvecoGroup.com / Catalysts.BASF.com. Frankfurt (BAS)

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment / Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Iveco Group announces the selection of BASF, the world’s leading chemical company and biggest chemical supplier for the automotive industry, as its first partner to provide a recycling solution for the lithium-ion batteries of the Group’s electric vehicles.

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 the batteries while decreasing their overall environmental impact, and Iveco Group will ensure compliance with the Extended Producer Responsibility policy which holds producers responsible for the entire life cycle of the products they introduce on the market, from their design until end-of-life.

BASF, which has recently inaugurated Europe’s first co-located center of battery material production and battery recycling in Schwarzheide, Germany, will organize and manage the entire recycling process for the lithium-ion batteries used on Iveco Group electric vans, buses and trucks. The agreement includes the collection, packaging, transport, and recycling of batteries, in various European countries including, among others, France, Germany and UK. After collection, BASF will mechanically process the batteries to black mass, from which critical raw materials such as nickel, cobalt, lithium can be extracted and recovered for use in the manufacturing of new batteries. Thus, BASF will establish the full battery recycling value chain in Europe to locally provide recycled metals with a low carbon footprint for the battery industry.

“Life cycle thinking is one of our strategic sustainability priorities,” commented Angela Qu, Chief Supply Chain Officer, Iveco Group. “BASF shares this approach with us, and its broad battery collection network and recycling capabilities in Europe will help us close the loop from end-of-life batteries to new ones. Working together we will enable a circular economy and reduce our CO2 footprint, which is fully in line with the Group’s commitment to reach net zero carbon by 2040.”

“The partnership with Iveco Group is our first agreement to recycle batteries from electric vans, buses and trucks and an important step for our battery recycling business to expand our activities into the commercial vehicle space,” said Dr. Daniel Schönfelder, President of BASF’s Catalysts division, who is also responsible for the company’s battery materials and battery recycling business. “It will allow us to further strengthen our European collection network and make further progress in this developing market. With our recycling solutions, we aim to support the European market to close the loop and meet the ambitious circular economy-focused policy requirements of the EU Battery Regulation.”

Iveco Group Media Contacts:
Francesco Polsinelli; P: +39 335 1776091
Fabio Lepore; P: +39 335 7469007
E: mediarelations[.]ivecogroup.com.

About BASF Battery Materials and Recycling

BASF is a leading global supplier of advanced cathode active materials (CAM) for the lithium-ion batteries market, providing high performance CAM to the world’s largest cell producers and for leading platforms of OEMs. In addition, we offer base metals sourcing and management as well as closed-loop battery recycling solutions. By leveraging our industry-leading R&D platforms and passion for innovation, BASF’s Battery Materials and Recycling unit develops unique, proprietary solutions that drive customer success.

BASF Battery Materials and Recycling (catalysts.basf.com) is part of BASF’s Catalysts division. The division’s portfolio also includes Environmental Catalysts and Metal Solutions, as well as process catalysts. Customers from a variety of industries including Automotive & Transportation, Chemicals, Plastics or Energy & Resources benefit from our innovative solutions.

About Iveco Group

Iveco Group N.V. (ivecogroup.com) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment / Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: BASF

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Environment / Recycle articles,
CATCH Visitors via Your Competitors Announcements!


Iveco Group Chooses BASF as First Recycling Partner for Electric Vehicle Batteries

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Iveco Group | BASF Battery Materials
Contact: Sarah Katharina Müller - BASF.com 
+49 173 3099 741 sarah-katharina.mueller[.]basf.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

Environment / Recycle via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From BASF / Company Profile


Read Environment / Recycle Most Recent Related Press Releases:

Yardi Earns Sixth Consecutive ENERGY STAR® Partner of the Year Award
ABB and Captimise to Set A Path for Decarbonization in the Cement Industry
ABB Launches Energy Management Solution for Water and Wastewater to Optimize Efficiency and Sustainability of Plants
Morrow and Stena Recycling Partner to Build Circular Value Chains
Yokogawa Releases OpreX Carbon Footprint Tracer to Support Decarbonization in the Process Manufacturing Industries
ANDRITZ to Supply Advanced NOx Abatement System to TPC Group
Safran Invests in Avnos, At the Forefront of Innovation in CO2 Capture
Knorr-Bremse Sells Kiepe Electric to Heramba
Frost & Sullivan Recognizes Kehua Tech with the 2023 Global Competitive Strategy Leadership Award
ABB Acquires Innovative Optical Sensor Company to Expand Smart Water Management Offering

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  RightITnow, Inc.

Visit  Limelon Advertising, Co.

Visit  NexGen Unlimited, LLC







 
  ©2005-2024 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today