EU Commission Designates PCC Thorion’s Battery Material Project as Strategically Important Raw Material Project

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The EU Commission has included PCC Thorion GmbH’s battery materials project in its list of 47 strategically important raw materials projects that are to receive special support due to high public interest. PCC Thorion is a wholly-owned subsidiary of PCC SE. With its ProHiPerSi project, PCC Thorion is addressing the need to increase the performance of lithium-ion batteries while at the same time reducing dependence on graphite imports through the development of a novel silicon-based anode active material.

According to the EU Commission’s assessment, the project demonstrates significant strengths and contributes to the EU’s security of supply. The Commission also highlights the project’s solid technical foundation, the feasibility of large-scale implementation, and its sustainability.

Dr. Peter Wenzel, CEO of PCC SE, explains: “The designation of our battery material project by the EU Commission as a strategic raw material project underscores the economic and political relevance as well as the attractiveness of our project.”

Through the listing, PCC receives certain rights and enabling conditions, such as priority status under national law, facilitated permitting and authorizations, as well as accelerated implementations, coordinated financing and facilitation of offtake agreements.

The 47 projects identified by the EU Commission are the first critically relevant projects aligned to increasing raw material capacities in Europe. The goal is to strengthen the domestic extraction, recycling, processing, and substitution of critical raw materials. According to the Commission, the 47 projects designated as strategic represent an important milestone in the implementation of the Critical Raw Materials Act (CRMA), an EU law passed in May 2024 to secure and diversify the supply of critical raw materials.

About PCC Thorion GmbH

PCC Thorion GmbH is a young, innovative company focused on the development and production of silicon-carbon composites and other silicon metal-based materials for battery applications. As a subsidiary of the Duisburg-based investment holding company PCC SE, PCC Thorion GmbH belongs to the globally active PCC Group with around 3,300 employees. The PCC Group has core competencies in the production of chemical raw materials and specialty chemicals, silicon and silicon derivatives, as well as in container logistics. There is close cooperation with the sister company PCC BakkiSilicon hf., which operates one of the world’s most modern and climate-friendly silicon production facilities in Iceland. This enables PCC Thorion GmbH to maintain a sustainable and secure production chain from the raw material silicon to the end product. The company, founded in 2022, is headquartered in Duisburg. For more information about PCC Thorion GmbH, please visit https://www.pcc-thorion.eu.

About ProHiPerSi

The project ProHiPerSi of PCC Thorion GmbH addresses the increase in performance of lithium-ion batteries while at the same time reducing the specific production costs through a novel silicon-based anode active material (AAM). The material has been proven to significantly increase both the energy density and the fast-charge capability of state-of-the-art lithium-ion batteries. The AAM has been designed in a way that allows for its gradual implementation into already existing cell production lines as a replacement for graphite. The ProHiPerSi project would make a meaningful contribution to the security of the EU’s supply of strategic raw materials by substituting a battery-grade graphite by means of an alternative silicon-based anode active material. This material promises substantial performance enhancements in terms of faster charging capabilities, reduced carbon footprint and increased energy density.

About PCC SE

PCC SE, headquartered in Duisburg, is the holding company of the globally active PCC Group with around 3,300 employees. Its group companies have core competencies in the production of chemical raw materials and specialty chemicals, silicon and silicon derivatives, as well as in container logistics. As a long-term oriented investor, PCC SE focuses on continuously increasing the corporate values of its investments through sustainable investments and consistently creating new value. The largest chemical producers in the PCC Group are PCC Rokita SA, a significant chlorine manufacturer and Eastern Europe’s leading producer of polyols, and PCC Exol SA, one of the most modern surfactant producers in Europe. PCC BakkiSilicon hf. operates one of the world’s most modern and climate-friendly silicon metal production plants in Iceland. PCC celebrated its 30th anniversary in 2023: PCC was founded in 1993 by Waldemar Preussner, sole shareholder of PCC SE, who today chairs the Supervisory Board. PCC has been issuing bonds for over 25 years now. In the 2023 financial year, the PCC Group achieved consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) of 112.3 million euros on consolidated sales of 993.6 million euros. The investment volume in 2023 amounted to 142.5 million euros.

Über die PCC SE

Die PCC SE mit Hauptsitz in Duisburg ist die Beteiligungsholding der weltweit tätigen PCC-Gruppe mit rund 3.300 Mitarbeitenden. Ihre Konzerngesellschaften verfügen über Kernkompetenzen in der Produktion von chemischen Rohstoffen und Spezialchemikalien, Silizium und Silizium-Derivaten sowie im Bereich Containerlogistik. Als langfristig orientierter Investor konzentriert sich die PCC SE darauf, durch nachhaltige Investitionen die Unternehmenswerte ihrer Beteiligungen kontinuierlich zu steigern und beständig neue Werte zu schaffen. Die größten Chemieproduzenten der PCC-Gruppe sind die PCC Rokita SA, ein bedeutender Chlor-Hersteller und Osteuropas führender Produzent von Polyolen, sowie die PCC Exol SA, einer der modernsten Tenside-Produzenten in Europa. Die PCC BakkiSilicon hf. betreibt in Island eine der weltweit modernsten und klimafreundlichsten Siliziummetall-Produktionsanlagen. Gegründet wurde PCC 1993 von Waldemar Preussner, Alleinaktionär der PCC SE, der heute den Vorsitz im Aufsichtsrat innehat. Im Geschäftsjahr 2024 erzielte die PCC-Gruppe mit einem Konzernumsatz von rund 960 Millionen € ein Konzernergebnis vor Finanzergebnis, Steuern und Abschreibungen (EBITDA) in Höhe von rund 88 Millionen €. Das Investitionsvolumen belief sich 2024 auf rund 127 Millionen €.

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Email: pr@pcc.eu