Norway: Business Strategy Vianode Enters into Lease Agreement for Battery Materials Production
Vianode has entered into a lease agreement for an additional building at the Herøya Industrial Park in Porsgrunn, Norway with an aim to fast-track the potential expansion of battery materials production in Norway.
Kristiansand, Norway – Vianode, established as a fully owned subsidiary of Elkem dedicated to strategic growth opportunities for advanced battery materials, has successfully operationalized its industrial pilot in Kristiansand, Norway. To enable faster market entry of Vianode’s products, the company has entered into a lease agreement for an additional building at Herøya Industrial Park in Porsgrunn, Norway. The initiative targets to shorten the time to production start and increase Vianode’s overall capacity at Herøya Industrial Park.
The building has been secured through a lease agreement between Vianode and Herøya Industrial Park. The building is located next to the site where Vianode plans to establish the large-scale plant and is intended for a fast-track option that is being considered to address the strong demand from customers and to shorten time to market. A fast-track plant will also represent a platform for further technology and process development.
“Our industrial pilot in Kristiansand, Norway is now operational with over 200 metric tons of annual capacity available for customer development with scaled up equipment. At the same time, we see an acceleration in the market driving a need for larger volumes of industrially produced materials earlier than expected. Our objective for a fast-track plant is a response to this customer demand”, says Chris York, VP at Vianode.
The potential fast-track plant at Herøya can add an additional 5,000 metric tons of production capacity, bringing Vianode’s total production at Herøya to approximately 60,000 metric tons of synthetic graphite – equivalent to close to 1 million electric vehicles per year.
"Our ambition is to be able to deliver sustainably produced, high quality, active anode materials for the exponentially growing electric vehicle market starting from the end of 2022”, says Stian Madshus, VP and General Manager Europe at Vianode.
Vianode is creating long-term solutions for active anode materials in support of the clean energy transition to energy storage for renewables and electric vehicles. The company’s advanced battery materials increase safety and reduce charging time in electric vehicles and other sophisticated energy storage applications.