NEO Battery Materials Appoints Former Executive Vice President of Multi-Billion South Korean Chemical Manufacturing Company as Chief Technology Officer
March 06 2023 - 9:00AM
(
TSXV:
NBM) (
OTCQB: NBMFF)
- Appointed Dr. S.
G. Kim, a Silicon/Polymer Material and Chemical Technology
Development Expert, as Chief Technology Officer
- Former Executive
Vice President and Head of R&D of Hanwha Solutions, a South
Korean Chemical Manufacturing Conglomerate with $10B in Sales and
$8B Market Capitalization
- Held Previous
Executive Level Leadership Role at Momentive, Global 2nd Largest
Silicon Product Company, including Dow Chemical Corporation, LG
Innotek, and Samsung Fine Chemicals
- Will Lead
Technology Development and Strategy for Timely Commercialization of
NEO Silicon Anode Materials on a Full-Time Basis
NEO Battery Materials Ltd.
(“NEO” or the
“Company”),
a low-cost silicon anode materials developer that enables
longer-running, rapid-charging lithium-ion batteries, is highly
pleased to announce that Dr. S. G. Kim, a silicon/polymer material
and chemical technology development expert, has been appointed as
NEO’s Chief Technology Officer (“CTO”).
Dr. Kim served as the Executive Vice President
and Head of R&D of Hanwha Solutions’ Advanced Materials
Division, the chemical manufacturing arm of the South Korean
conglomerate with sales amassing 10 billion USD. With
responsibilities ranging from new product development and
commercial plant construction, Dr. Kim led Hanwha Solutions to
nearly double new product sales and expand the core technology
portfolio by leading several value-added projects for global
automotive, aerospace, and electronics companies. Dr. Kim
additionally led inorganic growth efforts by closing two M&A
transactions that fortified Hanwha’s hydrogen and electronics
business between 2021 and 2022.
Dr. S. G. Kim, CTO of NEO, commented, “I am more
than excited to join NEO’s roadmap to commercialization. Based on
my decades of experience in chemical product R&D, the promise,
performance, and potential of NEO’s silicon anode material are
currently unmatched by any other competitor, and I have strong
confidence to apply my expertise and lead NEO’s R&D team for
our products to be integrated into every electric vehicle
batteries. NEO will explore additional business opportunities
through my existing global business and R&D network.”
Prior to joining Hanwha Solutions, Dr. Kim held
tenure as the global R&D leader at Momentive Performance
Materials, the second-largest global manufacturer of silicon-based
products. Likewise, Dr. Kim successfully increased new product
viability and led manufacturing plant construction to supply
critical components to Momentive’s global electronics customers.
Previously, Dr. Kim also served in senior research positions at the
Dow Chemical Company, LG Innotek, and Samsung Fine Chemicals.
Mr. Spencer Huh, President and CEO of NEO,
commented, “With Dr. Kim’s successful track record of chemical
product development in the silicon, polymer, and lithium-ion
battery space, we now have a full-fledged leadership and technology
team to expedite NEO’s silicon anode innovation and to advance our
relationships with global battery industry players. Dr. Kim’s
experience in leading global technology companies and his extensive
business network will allow NEO to gain new strategic,
value-enhancing opportunities for growth.”
Dr. Kim received his Ph.D. in chemical
engineering and applied chemistry from the University of Toronto,
Canada, and obtained his bachelor’s and master’s in chemical
engineering from Inha University, South Korea. He has published
high-impact journals in the field of polymers and nanocomposites
and retains 15 patents related to polymers, coatings, and
silicon-based materials.
About NEO Battery Materials
Ltd.NEO Battery Materials Ltd.
is a Vancouver-based company focused on electric vehicle
lithium-ion battery materials. NEO has a focus on producing silicon
anode materials through its proprietary single-step nanocoating
process, which provides improvements in capacity and
efficiency over lithium-ion batteries using graphite in their anode
materials. The Company intends to become a silicon anode active
materials supplier to the electric vehicle industry. For more
information, please visit the Company’s website at:
https://www.neobatterymaterials.com/.
On behalf of the Board of DirectorsSpencer
HuhPresident and CEO604-355-6463shuh@neobatterymaterials.com
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forward-looking statements as well as management's objectives,
strategies, beliefs and intentions. Forward looking statements are
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