Belgium Solvay Veolia Tender

Solvay and Veolia are pleased to announce their partnership on a circular economy consortium to offer new solutions that promise better resource efficiency for critical metals used in lithium ion electric vehicle EV batteries.With the number of electric vehicles on the road expected to grow from 8 million in 2020 to 116 million by 2030 ensuring stable access to raw materials is a strategic challenge. Furthermore materials used in EV batteries are not always recovered at their maximum value.Solvay and Veolia through its subsidiary SARP Industries are already actively engaged in discussions with a car manufacturer and battery cell producers to coordinate collaborate and leverage on respective technologies and core competences at each step of the value chain - from access and spent battery feedstock to dismantling metal extraction and purification.Solvays role in this consortium is to optimize the extraction and purification of critical metals such as cobalt nickel and lithium and transform them into high-purity raw materials for new batteries ready for another fresh start. The project demonstrates that Solvays technologies are essential in closing the loop of circular economy. Solvay is also present in the EV and hybrid battery value chain thanks to its high-performance specialty polymers for binders and separators and specialty additives for electrolytes.I am truly excited about our partnership with Veolia aiming to take circularity another meaningful step forward towards cleaner mobility explained Solvay CEO Ilham Kadri. At Solvay our technologies will bring new life to batteries at the end of their cycle. Our unique know-how combining Specialty Polymers Composites and Mining solutions together with Veolias unique experience in waste management is a fantastic opportunity to build a greener battery ecosystem.In its recycling plant in eastern France Veolia has already been dismantling batteries for electric vehicles since 2013. The combination of mechanical and hydrometallurgical processes makes it possible to treat the active cells and extract the active metals. These metals are then used by industry and transformed into new materials.The recycling of electric vehicle batteries and the management of the pollutants they contain are major ecological and industrial challenges. By partnering Veolia and Solvay help develop the recycling value chain and the production of strategic raw materials for the production of new batteries. If the essential compounds of batteries are mainly imported tomorrow they will be regenerated in Europe declares Antoine Frrot Chairman and CEO of Veolia.Establishing this partnership is integral to Solvay Groups sustainability ambitions and its Solvay One Planet commitments. By 2030 Solvay will generate 15 of its revenues from either bio-based or recycled-based materials.