Novi, Mich., November 13, 2012
DEM Lithium Manganese Iron Phosphate Features 10 – 15% Higher Energy Density, Enabling Less Weight, Lower Costs for Energy Storage Applications
Dow Energy Materials, a business unit of The Dow Chemical Company (NYSE:DOW), has developed a new phosphate-based battery material, Lithium Manganese Iron Phosphate (LMFP), which increases energy density by 10 to 15 percent in battery cells. As a result, this technology can enable energy storage systems to weigh less and require fewer cells, which in turn can lower cost.
"Energy density is the biggest single factor affecting electric vehicle (EV) battery performance," said David Klanecky, senior business director, Dow Energy Materials. "With the introduction of our new LMFP material, Dow is delivering solutions that meet the needs of our customers with next-generation technology."
The components that go into an advanced lithium-ion battery represent 30 percent of the total cell cost, leading the industry to pursue more efficient, cost-effective material solutions that can increase performance and lower the overall price of battery systems.
By increasing the amount of energy stored in the component materials, battery manufacturers can look to reduce the amount of space and volume needed for batteries, and increase the performance of systems. Using the new Dow technology, EVs could increase their range while utilities can achieve higher storage capacity.
Dow Energy Materials is launching the LMFP solution at The Battery Show in Novi, Mich. (booth B626); where Dr. Alan Nelson, Dow Energy Materials' Director of Research & Development, will be participating in a panel session, "Improvements in Active Material Development," on Wednesday, Nov. 14, at 3:30 p.m.
About Dow Energy Materials
Dow established Dow Energy Materials (DEM) in 2010 with the focus on the development of next-generation battery materials. Dow's integrated portfolio offering (cathode, anode, electrolyte), innovation engine and market channel access provides the elements of success to ensure these new materials will be adopted broadly across the energy storage industry. For more information, visit www.dowenergymaterials.com.
About Dow
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 197 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
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Eric Kosmider
The Dow Chemical Company
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Erik Moser
GolinHarris
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