Roadbot invests $614mn in a new tire plant in Abu Dhabi
Chinese tire manufacturer Roadbot is set to construct a new manufacturing plant in Abu Dhabi. Investing $614mn, the project is part of an agreement between Jiangsu Provincial Overseas Cooperation and Investment Company (Jocic) and Abu Dhabi Ports, and will be fully up and running by 2020.
Situated at the China-UAE Industrial Capacity Cooperation Demonstration Zone within the Khalifa Industrial Zone Abu Dhabi (Kizad) will produce up to three million passenger car radial tyres, as well as one million truck and bus radial tyres, Gulf Business has reported. Numbers will rise to 10mn by 2022.
"It is an important part of the Belt and Road Initiative and a crystallisation of multiculturalism, based on the principle of achieving shared growth through discussion and collaboration," commented Roadbot Chairwoman, Zhang Yingzi.
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"Roadbot will connect Abu Dhabi to global and regional automotive manufacturing demand; joining over 19 Chinese companies that have signed agreements to invest over $1 billion in the demonstration zone established within the KIZAD,” added Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports.
“The Roadbot tire factory will make an important contribution to the UAE’s manufacturing base as part of our leadership’s long-standing strategy to diversify our economy. Today’s ground-breaking also demonstrates the increasingly close ties between the UAE and China, and reinforces the UAE’s role as a key partner in China’s Belt and Road initiative,” noted Dr Sultan Al Jaber, the UAE Minister of State and Chairman of Abu Dhabi Ports.
Spanning 275,000sq metres, the new facility will create over a thousand new jobs in the region, which will work to bolster the region’s automotive industry. At present, Toyota, Honda, Fiat and other strong brands operate in the area.
Ultium Cells LLC/Li-Cycle: Sustainable Battery Manufacturing
Ultium Cells LLC - a joint venture between General Motors and LG Energy Solutions - has announced its latest collaboration with Li-Cycle. Joining forces the two have set ambitions to expand recycling in North America, recycling up to 100% of the scrap materials in battery cell manufacturing
What is Ultium Cells LLC?
Announcing their partnership in December 2019, General Motors (GM) and LG Energy Solutions established Ultium Cells LLC with a mission to “ensure excellence of Battery Cell Manufacturing through implementation of best practices from each company to contribute [to the] expansion of a Zero Emission propulsion on a global scale.”
Who is Li-Cycle?
Founded in 2016, Li-Cycle leverages innovative solutions to address emerging and urgent challenges around the world.
As the use of Lithium-ion rechargeable batteries in automotive, industrial energy storage, and consumer electronic applications rises, Li-Cycle believes that “the world needs improved technology and supply chain innovations to better recycle these batteries, while also meeting the rapidly growing demand for critical and scarce battery-grade materials.”
Why are Ultium Cells LLC and Li-Cycle join forces?
By joining forces to expand the recycling of scrap materials in battery cell manufacturing in North America, the new recycling process will allow Ultium Cells LLC to recycle cobalt, nickel, lithium, graphite, copper, manganese and aluminum.
“95% of these materials can be used in the production of new batteries or for adjacent industries,” says GM, who explains that the new hydrometallurgical process emits 30% less greenhouse gases (GHGs) than traditional processes, minimising the environmental impact. Use of this process will begin later in the year (2021).
"Our combined efforts with Ultium Cells will be instrumental in redirecting battery manufacturing scrap from landfills and returning a substantial amount of valuable battery-grade materials back into the battery supply chain. This partnership is a critical step forward in advancing our proven lithium-ion resource recovery technology as a more sustainable alternative to mining, " said Ajay Kochhar, President, CEO and co-founder of Li-Cycle.
"GM's zero-waste initiative aims to divert more than 90% of its manufacturing waste from landfills and incineration globally by 2025. Now, we're going to work closely with Ultium Cells and Li-Cycle to help the industry get even better use out of the materials,” added Ken Morris, Vice President of Electric and Autonomous Vehicles, GM.
Since 2013, GM has recycled or reused 100% of the battery packs it has received from customers, with most current GM EVs repaired with refurbished packs.
"We strive to make more with less waste and energy expended. This is a crucial step in improving the sustainability of our components and manufacturing processes,” concluded Thomas Gallagher, Chief Operating Officer, Ultium Cells LLC.