IBU-tec advanced materials AG

Name

IBU-tec advanced materials AG

Legal name

IBU-tec advanced materials AG

Website

https://ibu-tec.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Battery Materials and Specialty Inorganic Chemicals

NAICS

Coating, Engraving, Heat Treating, and Allied Activities (33281)

SIC

Industrial Process Furnaces & Ovens (3567)

akta.pro primary industry

Aluminum Fabrication & Finishing (Machining, Anodizing, Coating) (IMAKACAI)

akta.pro secondary industry

Aluminum Smelter/Refinery Technology, Equipment & Refractories (IMAKACAL)

Keywords

• Thermal process engineering
• Battery cathode materials
• Rotary kiln processing
• LFP battery materials
• Toll manufacturing services

Headquarters

HQ city

Weimar

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Tolling Services & Contract Manufacturing: Flexible production lines for contract manufacturing with quality assurance controls. Customers provide materials that IBU-tec processes using its thermal equipment. Revenue recognized as services are delivered.
2. IBUvolt Battery Materials Products: Sale of proprietary LFP and NMO battery cathode materials manufactured at company facilities. Products include LFP 402, LFP 400, LFP 200, and LMFP variants.
3. IBUpart Powder Materials Products: Sale of specialty powder materials including Iron Oxide, Zinc Oxide, Alumina, Cerium Oxide, Yttrium Aluminate, and Zirconia for various industrial applications.
4. BNT Chemicals Products: Sale of tin-based chemical products including tin catalysts, manufactured by wholly-owned subsidiary BNT Chemicals GmbH for chemical catalysts, pharmaceutical industry, glass coatings applications.
5. Material & Process Development Services: Customized development and optimization of battery materials and bulk materials from laboratory scale through pilot scale to industrial production.
6. Engineering & Optimization Services: Process engineering services focused on improving product quality, reducing operating costs, and increasing production efficiency for customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

IBU-tec advanced materials AG provides thermal process engineering services and manufactures specialty inorganic materials, including proprietary LFP, LMFP, and NMO battery cathode active materials under the IBUvolt brand, specialty oxide powders under the IBUpart brand, and tin-based chemicals via subsidiary BNT Chemicals. The company combines contract manufacturing (tolling), material and process development, and engineering optimization services using its rotary kilns, pulsation reactors, and a new spray tower facility to serve automotive, battery, chemical, pharmaceutical, and recycling customers.

Product overview

IBU-tec advanced materials AG operates as a development and production service provider for thermal process technology to treat inorganic powders and granules. The company offers a unified portfolio combining proprietary battery material products under the IBUvolt® brand (including LFP 402, LFP 400, LFP 200, LMFP, and NMO for lithium-ion and sodium-ion batteries) with toll manufacturing services using its core rotary kiln and pulsation reactor technology. The IBUpart® brand covers specialty powder materials. Services span material development from laboratory to industrial scale, contract manufacturing (tolling), and process engineering optimization. The company is expanding into large-scale LFP production with a new spray tower facility in Bitterfeld targeting 15,000 tons annual capacity.

Differentiator

Problem solved

Functional benefit

Brands

• IBUvolt®: Battery materials brand including LFP (Lithium Iron Phosphate) and LMFP (Lithium Manganese Iron Phosphate) cathode active materials for lithium-ion and sodium-ion batteries.
• IBUpart®

Products and services

• IBUvolt LFP 402 Lithium iron phosphate (LFP) cathode active material with CO2 footprint approximately 40% below market level, designed for lithium-ion battery cells used in e-mobility and stationary energy storage applications.
• IBUvolt LFP 400 First-generation LFP cathode active material manufactured by IBU-tec for LFP battery cells in e-mobility and stationary energy storage.
• IBUvolt LFP 200 LFP cathode active material with a different particle size that combines with LFP 400 to increase energy density and expand the IBUvolt battery materials portfolio.
• IBUvolt LMFP (Lithium Manganese Iron Phosphate)
• IBUvolt NMO (Sodium Manganese Oxide)
• IBUpart Iron Oxide (Fe2O3)
• IBUpart Zinc Oxide (ZnO)
• IBUpart Alumina (Al2O3)
• IBUpart Cerium Oxide (CeO2)
• IBUpart Yttrium Aluminate (YAlO3)
• IBUpart Zirconia (ZrO2)
• Tolling Services
• Engineering & Optimization Services
• Material & Process Development for Battery Materials
• Material & Process Development for Bulk Materials
• BNT Chemicals Tin-Based Products

Quantifiable outcome

• IBUvolt LFP402 has CO2 footprint approximately 40% below market level
• +5 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Wanhua Chemical Group Battery Technology Co., Ltd.coreStrategic or Co-development Partner · 31 March 2025Development partnership for battery materials announced March 31, 2025. IBU-tec advanced materials AG and Wanhua Chemical Group Battery Technology Co., Ltd. agreed on cooperation for battery material development.
• TIB Chemicals AGmajorStrategic or Co-development Partner · 2 July 2018Strategic alliance with TIB Chemicals AG, BNT's former parent company and leading global provider for organic tin compounds. Strengthens innovation potential in tin-based products field.
• PowerCo SEcoreStrategic or Co-development PartnerMajor strategic partnership with Volkswagen Group's battery company. Includes production contract for LFP cathode material for automotive applications with targeted volume in mid-double-digit million euro range; additional Joint Development Agreement for manufacturing process of European LFP cathode material; annual volume agreements in mid- to high double-digit million euro range.
• Morrow Batteries (Norway)coreStrategic or Co-development PartnerMemorandum of Understanding for procurement of up to 200 tons of IBUvolt battery material per year to Norwegian battery manufacturer. Development partnership for LFP battery materials.
• BNT Chemicals GmbHcoreStrategic or Co-development PartnerWholly-owned subsidiary acquired July 2018, specializing in wet chemical processes and tin-based products. Complements IBU-tec's thermal processing business and substantially expands positioning in the market.
• LANXESSmajorStrategic or Co-development PartnerCooperation agreement targeting development of European value chain. Use of European iron oxide planned in IBU-tec battery materials with improved CO2 footprint.
• Blackstone TechnologyminorStrategic or Co-development PartnerLetter of Intent for supplies of own LFP material. New customer specializes in manufacturing of cathodes for LFP battery cells.
• Hosokawa AlpineminorStrategic or Co-development PartnerPartnership for technical center for battery recycling at Weimar site. Hosokawa Alpine provides necessary machinery; IBU-tec contributes know-how in battery material recycling.
• GRS BatterienminorStrategic or Co-development PartnerRecycling partnership to obtain pollutant-free 'Green Mass' from end-of-life LFP batteries in pilot project. IBU-tec rotary kilns for thermal treatment.
• VARTA Microbattery GmbHminorStrategic or Co-development PartnerResearch project for stationary energy storage with 6 partners including VARTA, funded by Federal Ministry of Education and Research.
• ProLiT Research ConsortiumminorStrategic or Co-development PartnerResearch project 'ProLiT' developing industrialization concept for dry coating of lithium-ion battery cathodes. Successfully demonstrated scalable manufacturing of LFP and NMC cathodes.
• edicto GmbHminorOthersFinancial PR and investor relations communications partner for IBU-tec. Contact: Axel Mühlhaus for financial press inquiries.

Scale indicators19 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Andritz: Austrian industrial group with a separation and thermal processing division that designs and supplies rotary kilns, calciners, and drying equipment. Directly comparable to IBU-tec's rotary kiln tolling and engineering services business.
• Metso: Finnish industrial company providing mining, metals, and materials processing equipment including rotary kilns and thermal processing systems. Comparable to IBU-tec's broader industrial tolling and process engineering service offering at global scale.
• POSCO Future M: Korean subsidiary of POSCO Holdings and one of the world's largest LFP cathode material producers. Sets the global LFP pricing benchmark and is the principal competitor IBU-tec must differentiate against in European OEM contracts.
• FLSmidth: Danish engineering company supplying rotary kilns, pyroprocessing systems, and material handling equipment to cement, minerals, and metals industries. Comparable to IBU-tec's industrial thermal processing equipment and tolling capabilities at a larger scale.
• BASF: German chemical giant with a Battery Materials division covering cathode active materials and precursors. Operates European production assets and competes with IBU-tec for OEM contracts, particularly under EU local-content requirements.

Direct peers

• Umicore: Belgian materials technology company producing NMC and LFP cathode active materials for lithium-ion batteries. Umicore competes directly with IBU-tec's IBUvolt LFP line in the European battery materials market and shares the same OEM and cell manufacturer customer base.
• Johnson Matthey: UK-based specialty chemicals and battery materials producer with commercial LFP cathode offerings. Johnson Matthey is both a customer of IBU-tec (ordered a CO2-saving rotary kiln) and a direct competitor in European battery materials, making it the most comparable peer.

Emerging players

• Targray: Canadian supplier and distributor of battery materials including LFP cathode active material and anode precursors. Comparable as a smaller-scale battery materials supplier targeting North American and European cell manufacturers.
• Nano One Materials: Canadian cathode materials developer focused on LFP and NMC production with proprietary one-pot process technology. Comparable as an emerging non-Chinese LFP competitor targeting the same European and North American cell manufacturers.

Others

• LANXESS: German specialty chemicals company and active IBU-tec partner for European iron oxide supply into LFP cathode materials. Comparable as an adjacent specialty chemicals supplier into the European battery value chain rather than a direct LFP competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/IBUtecmaterials
• LinkedInlinkedin.com/company/ibu-tec

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IBU-tec advanced materials AG