Good News Notes: “To meet increasing market demand, lithium-ion battery resource recovery specialists Li-Cycle has announced plans to increase the processing capacity of an upcoming New York facility by 40%. In addition to expanding its US battery recycling footprint, Li-Cycle has also entered into a letter of intent with LG to create a closed-loop battery ecosystem. Li-Cycle…
Tag: LG Chem
GM’s Ultium partners with Li-Cycle to expand U.S. EV battery recycling
Good News Notes: “General Motors announced Tuesday that its Ultium battery joint venture with LG Chem is partnering with Li-Cycle to expand America’s battery recycling capabilities, promising to return up to 100% of the valuable materials used in battery construction to the market for re-use. “Our combined efforts with Ultium Cells will be instrumental in redirecting…
Government to Invest in Bioplastic Technology R&D
Good News Notes: “The South Korean government is planning to invest three billion won for three years to come in order to help small and venture firms develop and commercialize technology related to bioplastics. These days, white biotechnology is emerging as a solution to plastic wastes and carbon emissions. The technology is to replace existing…