EQS-News

IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business

EQS-News: IBU-tec advanced materials AG / Key word(s): Incoming Orders/Alliance IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business 07.05.2024 / 08:18 CET/CEST The issuer is solely responsible for the content of this announcement. Corporate News

IBU-tec to supply electric, CO2-saving rotary kiln to Johnson Matthey, building on recent successes in service business

• Current order volume of the Johnson Matthey project in the seven-digit Euro range
• Specific design and construction of the rotary kiln to be developed by IBU-tec
• Increased throughput by optimized kiln design and reduction of CO2 emissions at the customer's site
• Further plant engineering orders from ZSW Ulm and IAB Weimar underline IBU-tec's strong position in the service business

Weimar, 07.05.2024, - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has received a major seven-digit Euro order from Johnson Matthey plc, a global leader in sustainable technologies. As part of Johnson Matthey‘s sustainability strategy, IBU-tec will supply them with two customized electrically heated rotary kilns. IBU-tec's experienced engineering team will be responsible for the development of the specific design to meet the customer's requirements and the construction of the rotary kiln. As a result, IBU-tec will supply Johnson Matthey with special rotary kiln equipment designed to meet the specific requirements of the catalyst manufacturing process and the corresponding substrates. IBU-tec's optimized new kiln design will increase throughput. In addition, the new technology increases the energy efficiency of the plant while reducing CO2 emissions and energy requirements. IBU-tec had previously carried out tests on its own rotary kiln systems using state-of-the-art software and process simulation, as well as on-site measurements at the customer's premises.