IBU-tec advanced materials AG has entered into an extensive sales cooperation with a globally operating Asian group for the current battery material of IBU-tec and future products. This represents an important achievement for IBU-tec with a view to the stepped-up penetration of the Asian market and the expansion of the battery business. The distribution partner is one of the worldwide leading suppliers in the field of battery materials, which are used, for instance, in batteries for electromobility. The battery material from IBU-tec stands out with its high quality and efficiency. The fields of application of the current product include LFP battery cells, which are used, for instance, for e-mobility and stationary energy storage systems. It will be available on the global markets from the beginning of the fourth quarter 2021. Due to the large potential of the sales cooperation and the already high interest in the battery product, IBU-tec will begin to manufacture for stock, and will expand the corresponding stocking until the end of the year.