Climate Change Data

IBU-tec advanced materials AG

Climate Impact & Sustainability Data (2018-2022e, 2019, 2019-2025E, 2020, 2020-2023, 2020-2026E, 2022, H1 2017)

Reporting Period: 2018-2022e

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainability
  • Climate and environmental protection
  • Green Mobility
  • Green economy
  • Resource conservation
  • Circular economy

Environmental Achievements

  • Production of innovative new substances for the sustainable reduction of environmental pollutants
  • Focus on reducing CO2, nitrogen oxide and pollutants
  • Supporting sustainable client projects and promoting the recycling sector with our processing know-how and plant capacities
  • Development of CO2-reduced building materials
  • Reduction of waste plastics
  • Exhaust treatment

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase in customer-specific production services and expansion of the production range
  • Gaining new domestic and foreign customers
  • Expansion of specialist process engineering knowledge
  • M&A to expand its niche-player quality
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Significant proportion of sales generated with a small number of major customers
  • Distribution of sales relatively clustered (~66% of group sales in FY 2019 generated with top 5 customers)
  • Lack of acquisition of new projects
  • Loss of know-how through the generation of patents by customers
  • Default risk of receivables
  • Liquidity/financing risk
  • Economic downturn affecting chemicals customer sector
  • Fire at BNT GmbH in December 2019
Mitigation Strategies
  • Stringent cost controlling and staff capacity adjustment
  • Investment in new production site in Bitterfeld-Wolfen
  • Reconstruction of BNT GmbH production building
  • Optimization of raw material input to reduce capital tied up
  • Plant-side upgrade of BNT GmbH for future group-wide service contracts
  • Sales activities to compensate for decline in contract manufacturing orders

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2019

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Resource-saving recycling management
  • Environmental protection
  • E-mobility
  • Stationary energy storage systems
  • CO2 emissions reduction
  • Air quality improvement
  • Reduction of plastic packaging

Environmental Achievements

  • Development of cement based on raw materials other than limestone, reducing CO2 emissions by around 60% in a pilot project.
  • Cooperation with Kronos chemical group to develop innovative materials for sustainable pollutant reduction (photocatalysis in concrete, mortar, and wall paints).
  • Market-leading offers in glass coatings, contributing to reducing plastic waste and improving the energy balance.

Social Achievements

  • Acquisition of BNT Chemicals GmbH, expanding the customer base and market position.
  • Continued investment in the expansion of the production site at the Bitterfeld Chemical Park.
  • Intensified research and development activities, including a development project for a new type of battery material to reduce lithium use.

Governance Achievements

  • Active and transparent communication on the capital market.
  • Shareholders approved all items on the agenda with a majority of at least 96% at the Annual General Meeting.
  • Dividend of EUR 0.20 per share paid for the 2018 financial year.

Climate Goals & Targets

Long-term Goals:
  • Sustainable profitable growth through organic growth and acquisitions.
Medium-term Goals:
  • Further expansion of market share in glass coating.
  • Development of synergy potentials between IBU-tec and BNT.
Short-term Goals:
  • Expanding production site in Bitterfeld, with the second production line expected to be operational in early Q2 2020.

Environmental Challenges

  • Fire in a production building of subsidiary BNT in December 2019, resulting in significant production losses.
  • Cautious customer forecasts from some industries.
  • Current general economic conditions and uncertain effects of the corona virus.
  • Dependence on a few major clients.
Mitigation Strategies
  • Insurance coverage to cover the damages from the fire.
  • Stringent cost controlling and adjusted employee capacity.
  • Focus on expanding production site and further R&D activities.
  • Intensifying sales activities and broadening the customer base.

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products and processes

Reporting Standards

Frameworks Used: HGB (German Commercial Code)

Third-party Assurance: Ernst & Young GmbH

Sustainable Products & Innovation

  • CO2-reduced building materials
  • Catalysts for energy and resource conservation
  • Glass coatings
  • New battery materials

Reporting Period: 2019-2025E

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Not disclosed
Mitigation Strategies
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020

Environmental Metrics

Climate Goals & Targets

Medium-term Goals:
  • Sales level of more than EUR 100m by 2025 and an EBITDA margin of more than 20%.
Short-term Goals:
  • Sales of EUR 37-39m and an EBITDA margin of 17-19% in 2021.

Environmental Challenges

  • Adverse effects from the COVID-19 pandemic and a fire that damaged the production facilities of BNT Chemicals at the end of 2019.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2020-2023

Environmental Metrics

ESG Focus Areas

  • Supply chain security
  • Sustainable product development

Climate Goals & Targets

Medium-term Goals:
  • 2025 revenues of € 102m to over € 130m, EBITDA margin of over 20%

Environmental Challenges

  • Delayed battery production plans in Europe
  • Chinese dominance in the LFP market
  • Start-up costs associated with capacity ramp-ups
Mitigation Strategies
  • Active dialogues with over 60 global customers
  • Cooperation with Lanxess for European iron-oxide
  • Focus on customized compounds for OEMs

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2020-2026E

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Supply Chain

Environmental Achievements

  • Developed LFP402 cathode materials with a 40% lower carbon footprint than average market levels.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • 2025 revenues of € 102m to over € 130m, EBITDA margin of over 20%.
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Slower than expected LFP volume ramp-ups due to battery producers being late with their plans in Europe, worsened by competition from the US IRA.
  • Concerns about liquidity with cash balances forecast in the low to mid-single digit million range.
Mitigation Strategies
  • Actively pursuing opportunities with 70 samples sent to potential customers and partners in H1 2024.
  • Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • LFP402 cathode materials

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Employee well-being
  • Resource efficiency

Environmental Achievements

  • Careful use of resources
  • Compliance with legal requirements
  • Contribution to sustainable use of resources and environmental protection

Social Achievements

  • Promote, challenge, qualify employees
  • Motivated partners, satisfied employees
  • Harmonious working atmosphere

Governance Achievements

  • ISO 9001 and 14001 certifications
  • Uniform systems across the Group
  • Compliance with legal requirements

Climate Goals & Targets

Medium-term Goals:
  • Expand the share of battery materials into a significant proportion of group sales
Short-term Goals:
  • Achieve annual sales of EUR 80-100 million with >20% EBITDA margin in the next 5 years

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISO 9001, ISO 14001

Sustainable Products & Innovation

  • LFP battery materials
  • BNT COAT 100 (MBTC) glass coating

Reporting Period: H1 2017

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Opened new logistics facility, freeing up space for a new rotary kiln and implementing a gas cleaning system on a pulsation reactor to remove nitrous oxide pollutants.

Social Achievements

  • Expanded sales team to build on strong domestic base and develop new international markets; invested in engineering personnel to accelerate development of new materials and drive efficiency gains.

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Reduction in sales of catalytically active powders for the automotive industry; need for a third site to process more complex and hazardous materials due to regulatory restrictions.
  • High customer concentration (almost 90% of sales from Germany).
Mitigation Strategies
  • Diversification into fast-growing battery energy storage market; securing funds for a third site to process more complex materials by 2018; expanding sales team internationally.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Novel nano-oxide corrosion inhibitors, innovative catalyst carriers, process for refining zeolites

Awards & Recognition

  • Not disclosed