Latest news with #Syensqo
Fibre2Fashion
4 days ago
- Automotive
- Fibre2Fashion
Belgium's Syensqo & cylib drive circularity in EV battery recycling
Syensqo and cylib have reached a significant milestone in circular battery materials processing by producing high-purity lithium hydroxide from spent EV batteries. This collaboration marks a major advancement in the recovery of valuable materials, as very few recycling companies today can produce lithium at battery-grade, especially lithium hydroxide, the preferred form of lithium for new EV batteries. Syensqo and cylib have achieved a major breakthrough in circular battery recycling by producing battery-grade lithium hydroxide from spent EV batteries. Their combined technologies allow lithium recovery from various chemistries on a single line, boosting efficiency, purity, and scalabilityâ€'supporting EU targets for lithium recovery in battery waste. A first in the battery recycling industry, this achievement enables the extraction and purification of lithium from shredded battery electrodes, known as black mass, from different battery chemistries, such as NMC (nickel-manganese-cobalt) and LFP (lithium-iron-phosphate), on a single operating line. This approach simplifies the recycling process, increases versatility and potentially reduces capital expenditures (CAPEX). 'Syensqo's technology perfectly complements cylib's hydrometallurgical process, enhancing both the yield and purity of recovered lithium,' said Laurent Cohen, in charge of Strategic Development and Alliances for Mining Solutions at Syensqo. 'By combining our expertise in solvent extraction with cylib's process, we're establishing a scalable, high-purity lithium recovery route aligned with Europe's circular economy and battery regulation goals.' As part of the project, hundreds of liters of cylib's lithium-rich effluent were processed by Syensqo using an innovative extraction technology co-developed with its engineering partner, Tenova Advanced Technologies. The process uses CYANEX 936P, Syensqo's proprietary solvent extractant renowned for its exceptional lithium selectivity. Following extraction, purification, conversion and crystallization, the resulting product meets, and in some respects exceeds, the strict purity standards required by leading cathode active material (CAM) manufacturers. "This collaboration with Syensqo demonstrates our commitment to working continuously with partners to develop new processes and expand our technological leadership in battery recycling," said Matthias Breidenbach, Vice President Commercial at cylib. "By combining our innovative hydrometallurgical expertise with Syensqo's advanced solvent extraction technology, we are setting new standards for lithium recovery efficiency and purity." This achievement also advances the objectives set by the European Union for lithium recovery in battery recycling. According to the Battery Regulation (EU) 2023/1542, adopted two years ago, recyclers must recover at least 50% of the lithium content in battery waste by the end of 2027, and no less than 80% by the end of 2031. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. ALCHEMPro News Desk (HU)
Yahoo
17-07-2025
- Business
- Yahoo
Syensqo Appoints Two New Board Members
Syensqo Appoints Two New Board Members Brussels, Belgium – July 17, 2025 - 17:30 CEST New Directors Bring Industry, Innovation and Leadership Experience to Advance Syensqo's Evolution to a Specialty Chemicals Company SYENSQO SA ('Syensqo' or 'the Company') is pleased to announce the appointment of Dr. Cynthia Arnold and Augusto Di Donfrancesco as new members of its Board of Directors, effective July 17, 2025. They replace Matti Lievonen and Nadine Leslie who are stepping down from the Board to pursue other opportunities. Dr. Cynthia Arnold brings more than 30 years of global leadership experience in technology and innovation within the materials and chemicals sectors. She previously served as Chief Technology Officer at Valspar Corporation and held senior roles at Sun Chemical, Eastman Chemical and General Electric. With extensive public company board experience, Dr. Arnold currently serves as an independent director on the boards of Cabot Corporation, Milliken & Company and Fluence Energy. She holds a PhD in Materials Science and Engineering from Virginia Polytechnic Institute and an MBA from the University of California,Berkeley. Augusto Di Donfrancesco held key leadership roles in research & innovation, operations and transformation during a more than 35-year career at Solvay. As President of Solvay's Specialty Polymers Global Business Unit, he led a period of significant organic growth, doubling net sales through customer-centric innovation. He was also a member of the Solvay Executive Leadership Team where he led group-wide strategic programs. Mr. Di Donfrancesco's deep sector knowledge and track record in operational excellence and capital allocation will further reinforce Syensqo's ongoing growth and transformation objectives. Mr. Di Donfrancesco holds a bachelor's degree in chemical engineering from Pisa University. Rosemary Thorne, Chair of the Board of Directors, said, 'On behalf of the Board, I would like to express our gratitude to Matti and Nadine for their contributions to the Board during Syensqo's formative period as an independent public company. As part of our Board succession planning, we are focused on maintaining the right mix of skills and expertise and are thrilled to welcome Cynthia and Augusto, who are proven leaders of the highest caliber and are poised to contribute their significant leadership, technology, innovation and operational experience to the Board. We look forward to benefiting from their respective knowledge and insights as we continue to focus on delivering shareholder value.' 'We are delighted to welcome Cynthia and Augusto to our Board,' said Dr. Ilham Kadri, Chief Executive Officer of Syensqo. 'Their perspectives will be invaluable as we continue to prioritize innovation and operational excellence to capitalize on the meaningful long-term growth and value creation opportunities ahead. I look forward to working with them.' Dr. Arnold said, 'Syensqo's commitment to scientific excellence and sustainability resonates deeply with me. I am excited to contribute to the Board's work to advance innovation and operational performance, and to help shape the Company's continued success in a rapidly evolving global landscape.' 'I am honored to join Syensqo's Board during this important period in the Company's evolution to a Specialty Chemicals Company' said Mr. Di Donfrancesco. 'Having spent my career driving transformation, innovation and growth within the specialty chemicals sector, I look forward to working with my fellow directors and the management team to help accelerate growth and unleash Syensqo's potential.' Link to Board members' bios Contacts Investors & Sherief Bakr Bisser Alexandrov Loïc Flament Robbin Moore- Randolph +44 7920 575 989 +33 607 635 28 +32 478 69 74 20+1 470 493 2433 Perrine MarchalLaetitia Schreiber +32 487 74 38 07+32 478 32 62 72 Safe harbor This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. About Syensqo Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Useful links Earnings materials Strategy Share information Credit information Separation documents Webcasts, podcasts and presentations Annual Integrated Report Subscribe to our distribution listError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
27-06-2025
- Business
- Time of India
Chaos in Belgium: Pro-Palestine activists sabotage military vehicles destined for Ukraine
Pro-Palestinian activists targeted Belgian defense companies, including OIP in Tournai, causing significant damage to military equipment intended for Ukraine. The activists, numbering around 100, broke into OIP, vandalizing property and delaying crucial deliveries. OIP's CEO stated that the company hasn't supplied Israel with weapons in over 20 years and condemned the actions as vandalism. Tired of too many ads? Remove Ads Protesters came prepared and caused damage OIP's role and reaction to the attack Tired of too many ads? Remove Ads FAQs In Tournai, a city in Belgium, some pro-Palestinian activists broke into a defense company called OIP and damaged military equipment that was supposed to go to Ukraine. They also targeted two Belgian companies — OIP in Tournai and Syensqo in Haren — because they accused these companies of helping Israel's military in Gaza, as per many protests were about Israel, the biggest damage happened in Tournai, where the equipment for Ukraine was seriously damaged. On June 23, around 100 masked activists entered the OIP company grounds. OIP is the Belgian branch of the Israeli weapons company Elbit Systems, according to the report by The New Voice Of CEO of OIP, Freddy Versluys, said the protesters came prepared with angle grinders and hammers. The group started by smashing desks and computers, then they heavily damaged several military of this damage, OIP will now delay the delivery of important equipment to Ukraine by at least one month. The financial damage is nearly 1 million euros, and the company has already filed an official complaint. Versluys also noticed that about 80% of the protesters were women, which can be clearly seen in the video by how they behaved and used the hammers, as stated by The New Voice Of Ukraine mainly works on repairing, maintaining, and upgrading military equipment. Since Russia's invasion of Ukraine, OIP has supplied around 260 armored vehicles to the Ukrainian army. The CEO said that OIP hasn't made any weapons or defense tools for Israel in more than 20 years. He also said the company isn't allowed to send any equipment to Israel. He called the protesters vandals who used the Palestinian cause as an excuse to commit June 20, a group of pro-Palestinian activists entered a Royal Air Force base in the UK. They sprayed red paint on two military planes and said they broke other equipment and made the planes stop working, according to The New Voice of broke into two Belgian defense companies and damaged military equipment, especially at OIP in in Tournai and Syensqo in Haren were the two companies attacked.
Yahoo
24-06-2025
- Business
- Yahoo
Correction: Syensqo - Participation notification by BlackRock Inc.
Participation notification by BlackRock Inc. Brussels, Belgium – June 24, 2025 - 8:30 CETAccording to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (12 Throgmorton Avenue, London EC2N 2DL, UK) recently sent Syensqo the following transparency notifications indicating that it crossed the threshold of 3%. Here is the summary of the moves: Date on which the threshold was crossed Voting rights after the transaction Equivalent financial instruments after the transaction Total June 17, 2025 2.97% 0.79% 3.76% The latest notification, dated June 18, 2025 and received on June 19, 2025, contains the following information: Reason for the notification: Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer Notified by BlackRock Inc.: A parent undertaking or a controlling person Date on which the threshold is crossed: June 17, 2025 Threshold of direct voting rights crossed: 3% downwards Denominator: 105,032,929 Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%. Persons subject to the notification requirement: See file attached Transparency notifications and the full chain of controlled undertakings through which the holding is effectively held is available on the Investor Relations Section of Syensqo's website. Contacts Investors & Sherief Bakr Bisser Alexandrov Loïc Flament Robin Moore- Randolph +44 7920 575 989 +33 607 635 28 +32 478 69 74 20+1 470 493 2433 Perrine MarchalLaetitia Schreiber +32 487 74 38 07+32 478 32 62 72 Safe harbor This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. About Syensqo Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Useful links Earnings materials Strategy Share information Credit information Separation documents Webcasts, podcasts and presentations Annual Integrated Report Subscribe to our distribution list Attachments Syensqo SA_2025-06-17_Issuer_signed 20250624_BlackRock_Notification_EN
Yahoo
24-06-2025
- Business
- Yahoo
Syensqo - Participation notification by BlackRock Inc.
Participation notification by BlackRock Inc. Brussels, Belgium – June 24, 2025 - 8:30 CETAccording to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (12 Throgmorton Avenue, London EC2N 2DL, UK) recently sent Syensqo the following transparency notifications indicating that it crossed the threshold of 3%. Here is the summary of the moves: Date on which the threshold was crossed Voting rights after the transaction Equivalent financial instruments after the transaction Total June 17, 2025 2.97% 0.79% 3.76% The latest notification, dated June 17, 2025 and received on June 19, 2025, contains the following information: Reason for the notification: Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer Notified by BlackRock Inc.: A parent undertaking or a controlling person Date on which the threshold is crossed: June 17, 2025 Threshold of direct voting rights crossed: 3% downwards Denominator: 105,032,929 Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%. Persons subject to the notification requirement: See file attached Transparency notifications and the full chain of controlled undertakings through which the holding is effectively held is available on the Investor Relations Section of Syensqo's website. Contacts Investors & Sherief Bakr Bisser Alexandrov Loïc Flament Robin Moore- Randolph +44 7920 575 989 +33 607 635 28 +32 478 69 74 20+1 470 493 2433 Perrine MarchalLaetitia Schreiber +32 487 74 38 07+32 478 32 62 72 Safe harbor This press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. About Syensqo Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Useful links Earnings materials Strategy Share information Credit information Separation documents Webcasts, podcasts and presentations Annual Integrated Report Subscribe to our distribution list Attachments 20250624_BlackRock_Notification_EN Syensqo SA_2025-06-17_Issuer_signedError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
