Haldor Topsoe Cooperated With Faradion For Battery Technology Improvement

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12 Feb 2014 09:47 Helen Clark

CHEMMONITOR.COM - Haldor Topsoe (Denmark) has bought a 18% stake in Faradion company (the UK). The firms will collaborate for the development of Faradion’s sodium-ion technology.

With this investment Haldor Topsoe intends to achieve profit of DKK 30 billion (USD 5.4 billion) in 2025. Moreover, it will be able to manufacture cathode products for sodium-ion batteries under the Faradion’s license.

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