Hitachi Chemical Licenses Rights to Several Silatronix Organosilicon Materials for Use in Lithium-ion Battery Electrolytes

Hitachi Chemical Co., Ltd. (“HCC”) has agreed to license from Silatronix®, Inc. the rights to manufacture, sell and use specific OS compounds for use in lithium-ion battery (“LiB”) electrolytes. In early 2016, HCC and Silatronix®entered into a joint development agreement. The companies selected specific compounds from the Silatronix® portfolio of OS materials to evaluate their feasibility for application in LiB electrolytes. Over the last 2 years, Silatronix® has provided HCC with numerous samples of the selected OS materials, as well as samples of OS3®, Silatronix® current commercial product. Based on the performance benefits demonstrated in their evaluations, HCC found that combinations of OS materials and HCC anode materials improved LiB performance. As a result, HCC decided to obtain license rights to the selected materials, which does not include OS3®. HCC expects a further synergy created by various combinations of OS materials and HCC anode materials.

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