SWM International Joins the Soteria Battery Innovation Group
May 06 2019 - 08:05AM
FOR IMMEDIATE RELEASE
SWM Joins the
Soteria Battery Innovation Group
ALPHARETTA, GA, May 6, 2019 - SWM International
(NYSE: SWM), a global provider of high performance specialty papers
and nonwovens, has joined the Soteria Battery Innovation Group
(BIG). SWM is the leading supplier of nonwoven battery separator
papers in the alkaline battery market and is expanding its
solutions for the global energy storage industry.
The Soteria Battery Innovation Group (BIG) is a
consortium of companies dedicated to eliminating self-ignition in
lithium ion batteries. Member companies represent the whole supply
chain, including raw material and equipment suppliers, component
manufacturers and battery producers, and OEMs. Soteria's separator
and current collector technology helps prevent internal cell short
circuits from escalating into thermal runaway. The Soteria BIG is
building an open innovation platform around the Soteria
architecture, with each member company using its own core expertise
to advance the technology in ways that will promote its own
commercial success.
"The power of the consortium comes from member
companies like SWM, which brings key expertise in manufacturing
high quality nonwovens that can be applied to making thin, uniform
separators to improve the safety of lithium ion batteries in
growing applications like electric vehicles and energy storage. We
look forward to working closely together to further develop
separators for the global energy and transportation industries,"
said Brian Morin, CEO of Soteria BIG.
"SWM is very pleased to join the forward-looking
initiative put together by Soteria. Our decades of experience in
the commercial supply of high-performance nonwoven separators,
combined with state-of-the-art manufacturing assets and focus on
designing highly engineered and demanding materials, gives us a
strong base as we partner with Soteria BIG to explore new and
exciting opportunities," said Philippe Ragot, Business Director,
Specialty Papers for SWM.
About
SWM:
SWM is a leading global provider of highly engineered papers,
films, nets, and nonwovens for a variety of applications and
industries. As experts in designing and manufacturing performance
materials made from fibers, resins, and polymers, we provide our
customers with critical components that enhance the performance of
their end products. SWM and its subsidiaries conduct business in
over 90 countries and employ approximately 3,400 people worldwide.
For further information, please visit SWM's Web site at
www.swmintl.com
About
Soteria:
Soteria Battery Innovation Group Inc is an advanced technology
development and licensing company that has formed a consortium to
promote a light, safe and cost-effective architecture for lithium
ion batteries. Soteria BIG was founded in 2018 by Brian Morin
and Carl Hu, and is headquartered in Greenville, SC. For more
information contact Amy Brinson at (864) 609-4165 or
Amy.Brinson@SoteriaBIG.com or visit our website at
www.soteriabig.com.
Media Contact:
Mary T. Gibson
770-569-4328
mgibson@swmintl.com
END
###
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Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Schweitzer-Mauduit International Inc via
Globenewswire
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