04/18/2005 - Süd-Chemie to invest in the field of lithium-ion batteries

Süd-Chemie AG, Munich/Germany, has purchased shares in the Canadian company Phostech Lithium Inc., Montréal/Québec. The investment was made through capital increase as well as share purchase from former shareholders. It was agreed that no details of the purchase price would be disclosed. Phostech Lithium specialises in the development and production of lithium iron phosphate which is used as a cathode material in lithium-ion batteries.

Munich/Montréal, 19 April 2005

Enquiries:
Süd-Chemie AG
Corporate Public Relations
Tel. +49-(0)89-5110-250
Fax +49-(0)89-5110-302

Phostech Lithium Inc.
PR@phostechlithium.com

Phostech Lithium is a Canadian company involved in developing and optimising phosphate-based cathodes. Its activities currently focus on the production process for lithium iron phosphate (LiFePO4) – a new, state-of-the-art and environmentally-friendly cathode material for second-generation lithium-ion batteries. (www.phostechlithium.com)

Süd-Chemie is an independent group operating in the field of speciality chemistry. Its core interests, which include energy, the environment and sparing use of resources, are promoted by the two divisions of Catalysts and Adsorbents. With some 5,000 employees active in more than sixty production and sales companies worldwide, sales of €763 million were generated in 2003.