Resumen de Pure genius? How new technology could shake up HPA supply
According to LED Lighting's Global Outlook, demand is expected to reach 4.1bn lamps in 2025, from 864m lamps in 2015. Structure of a Li-ion battery Source: Altech HPA-coated separators improve battery safety by withstanding unusually high temperature incursions and reducing flammability during thermal runaway events. According to a 2017 Goldman Sachs report, entitled "The New Energy Landscape", LED technology's share of the global lighting market is expanding and is slated to reach 43% this year, potentially rising to around 75% by 2020. According to Orbite, around 3bn tonnes of red mud are stored in ponds around the world with no viable alternative to re-use the material and 120m tpa is produced globally. In November 2016, Altech signed a 20-year lease agreement for a proposed HPA plant construction site in Johor, Malaysia where the company can take advantage of a corporate tax rate of just 25% to reduce its operating costs. Global HPA market volume share by product type Source: Persistence Market Research, Altech The race is on between Orbite and Altech to lock in customers for their respective HPA products.
