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					</table><p>India-based <a href="http://www.epsilonam.com/" target="_blank" rel="noopener">Epsilon Group</a>, a battery materials manufacturer, has entered into an agreement to acquire John Matthey&#8217;s Technology Center focused on lithium-ion phosphate (LFP) cathode active materials in Moosburg, Germany.</p>
<p>The financial terms of the acquisition were not disclosed.</p>
<p>The facility features top-tier technical capabilities and a skilled workforce specializing in LFP chemistry. It also offers extensive product and process development capabilities, along with a versatile customer qualification plant tailored for testing new materials intended for large-scale production.</p>
<p>With this acquisition, Epsilon gains the ability to introduce a well-established, high-performance cathode active material to the market.</p>
<p>Vikram Handa, Managing Director of Epsilon Group, said, “At Epsilon, we envision a world galvanized by sustainable energy alternatives. Our advancement in anode research and manufacturing was a first step, and this acquisition underscores our commitment to serving our global clientele with sustainable and reliable material.&#8221;</p>
<p>The strategic location of the Moosburg Research and Development center provides Epsilon with a distinct advantage, enabling access to Europe&#8217;s rich talent pool in battery materials and allowing the company to better serve its global customer base.</p>
<p>Epsilon aims to significantly shorten the timeline for technology development and scaling up. This acquisition acts as a catalyst for Epsilon&#8217;s ambitious goal of meeting a demand of 100 GWh.</p>
<p>Epsilon is also <a href="https://www.mercomindia.com/epsilon-to-establish-components-factory-in-the-us" target="_blank" rel="noopener">planning</a> a $650 million synthetic graphite anode manufacturing facility in the U.S. with a 50,000 tons per annum production capacity. Epsilon plans to utilize green technologies to produce high-capacity anode materials at this facility, which would be crucial in powering over 1 million electric vehicles (EVs).</p>
<p>In alignment with its vision, Epsilon had previously <a href="https://www.mercomindia.com/daily-news-wrap-up-vestas-supplies-to-vibrant-energys-wind-project" target="_blank" rel="noopener">announced</a> a $1.1 billion investment to establish a 100,000-ton cathode battery materials manufacturing facility in Ballari, Karnataka, India. The project will focus on manufacturing graphite anode material for the Li-ion batteries in line with the ‘Make in Karnataka’ vision, enabling the company to cater to 10 million EVs.</p>


Epsilon to Acquire Cathode Active Material Research Center in Germany

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