Midland, MI - November 12, 2009
“HPL has made critical strides in developing next generation metal phosphate electrode materials and electrolyte system technology,” said Bill Banholzer, CTO and executive vice president for Dow. “HPL’s exciting phosphate technology brings a combination of safety and increased energy density that when applied to Dow’s Energy Storage Solutions business will significantly enhance Dow’s offering of component materials to the lithium ion battery markets.”
HPL brings synthesis and development of novel nano-materials, the ability to process and optimize nano-materials for use in battery electrodes and cells, comprehensive physical and electrochemical characterization facilities and screening and development of novel electrolytes and systems.
“This technology transfer merges HPL’s enabling advanced technology with Dow’s unrivaled ability to apply and bring the technology to market,” said Fernand Kaufmann, Chairman of HPL. “Dow is the perfect partner to enable lithium ion battery manufacturers to get the full commercial benefit from HPL technology.”
About Dow
About HPL
HPL is a spinout company from Professor Graetzel's laboratory at the EPFL (Ecole Polytechnique Fédérale de Lausanne , Switzerland ) focused on the development of nano-structured metal oxides energy storage materials and novel electrolytes for use in next generation lithium ion batteries. The company is financed by the founders, Draper Fisher Jurvetson ePlanet Ventures, Initiative Capital Romandie (managed by DEFI-Gestion), Bankinvest New Energy Solutions and private investors.
For Editorial Information:
David Winder
The Dow Chemical Company
+ 1 989 636-0626