IBU-tec advanced materials AG has secured a €6 million order from PowerCo SE to develop an industrialization concept for lithium iron phosphate (LFP) precursor active cathode material (pCAM) using spray drying technology. According to a July 18, 2025 announcement, about 75 percent of the contract value will be recognized as revenue in the current financial year. The scope of work includes optimizing production processes to lower both capital expenditure (CAPEX) and operating expenses (OPEX) for automotive-grade LFP materials.
This agreement expands the collaboration between IBU-tec, based in Weimar, Germany, and the European cell manufacturer PowerCo SE, which began in 2024. The partnership advances joint development projects toward industrial-scale output, reflecting growing demand for LFP-based components in electric vehicles and stationary energy storage systems.
Jörg Leinenbach, CEO of IBU-tec: “We are delighted to have received another major order from PowerCo SE as part of the industrialization of LFP cathode material. With this, we are continuing our in-depth dialogue with our international partner. The potential of our collaboration is far from exhausted — in fact, we are just at the beginning of a promising partnership.”
IBU-tec advanced materials AG specializes in the development and production of innovative, high-performance materials for industry. Leveraging unique, partly patent-protected thermal process technologies and a team of around 230 specialists, the company’s portfolio includes LFP battery materials, air purification solutions, and products aimed at conserving resources and reducing plastic packaging. Positioned at the intersection of global climate and environmental protection trends, IBU-tec serves a diverse, international customer base ranging from mid-sized enterprises to multinational corporations.
Source: IBU-tec Investor Relations
