Construction has officially commenced on Nexeon’s inaugural commercial-scale silicon anode material plant, which is scheduled to begin delivering silicon anode material in 2025.
The breaking ground ceremony, attended by key stakeholders and dignitaries, signified a step forward in the commercialization of silicon anode materials. The management of SKC, SJL Partners, BNW and Shinhan Securities (investors in Nexeon) were all present at the groundbreaking ceremony.
Situated in Gunsan, South Korea, the strategically chosen site is adjacent to OCI’s facilities, a manufacturer of silane, to ensure a seamless ‘fenceline’ supply of silane. This proximity will allow for efficient scaling for both Nexeon and OCI.
“We are thrilled to partner with Nexeon in this endeavor,” 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.”
The exclusive partnership with OCI secures a reliable and cost-effective supply of silane, crucial for Nexeon’s operations. Utilizing by-products from OCI’s semiconductor material manufacturing process will further reduce costs.
Nexeon says its silicon anode materials play an important role in increasing the energy density and charging performance of lithium-ion batteries, particularly in electric vehicles. The company’s second-generation technology is designed to facilitate easy integration into existing battery production processes.
“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,” added 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.”