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Canadian company Li-Cycle to build $ 175 million lithium-ion battery recycling center in Monroe County

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Mon, Sep 14, 2020 12:35 p.m.

A sustainable technology company will continue to expand its US operations at Eastman Business Park; is committed to creating more than 100 new jobs

NYS investment complements “ Finger Lakes Forward, ” the region’s comprehensive strategy to revitalize communities and grow the economy

Governor Andrew Cuomo announced that Li-Cycle Inc., a North America-based lithium-ion battery resource recovery company, will continue to grow its business in New York. The company will invest more than $ 175 million in a lithium-ion battery recycling hub on a 15.4-acre parcel of land at Eastman Business Park (EBP). This is in addition to the first US Li-Cycle “off-the-shelf” operation already located in Monroe County Park.

The company has pledged to create at least 100 new jobs at the hub, in addition to the 23 who will work on installing shelves. In January, Empire State Development announced that Li-Cycle would establish its first US-based facility in New York City with the goal of harnessing the robust lithium-ion battery supply chain and ecosystem in Rochester and the United States. -United.

Li-Cycle plans to start construction of the “hub” facility in 2021.

“This international partnership with Li-Cycle will enhance the supply chain for lithium-ion batteries, which are in high demand, and further expand the burgeoning energy storage industry in the region,” Cuomo said. “By investing in New York’s clean tech economy, we are creating quality jobs and supporting our state’s clean energy companies as we rebuild stronger after the COVID crisis and continue to move the Finger Lakes forward. . “

Li-Cycle’s “on-shelf” and “hub” operations will complement each other. There will be several US-based “spokes” that will consolidate and refine used lithium-ion batteries so that the materials are separated and can be made into products. The Rochester Li-Cycle Department, due to open this fall, will be capable of shredding up to 5,000 tonnes per year of used lithium-ion batteries. Eventually, Operation Rochester Hub will receive battery materials from the Rochester Radius and similar operations across the United States, and further process them for use as raw materials in future manufacturing, including for new batteries.

ESD is helping Li-Cycle to the tune of $ 5 million under the Excelsior Job Tax Credit program once the company begins meeting its new employment commitments. Monroe County and Greater Rochester Enterprise are also supporting the project.

Li-Cycle Executive Chairman and Co-Founder Tim Johnston said, “We are delighted to be able to announce that Rochester is the site of Li-Cycle’s first commercial hub refinery. This facility will enable the sustainable closed-loop production of critical materials for the battery industry, such as cobalt, nickel and lithium, right here in North America, which supports the development of electric vehicles and other battery applications. durable energy. We deeply appreciate the continued support of the local community, government agencies and Kodak in the development of this project. “

Founded in 2016 in Ontario, Canada, Li-Cycle has developed and validated a unique process that allows it to recover 80% to 100% of all materials found in lithium-ion batteries while maintaining no sewage discharge and by updating the company’s zero waste philosophy. . All materials recovered from lithium-ion batteries are either processed to the point of being reusable in battery production, thus closing the loop, reusable in other applications or sent for further processing to other recyclers (e.g. ‘steel and plastics) to ensure all materials generated are returned to the economy. The company is able to process all types of lithium-ion batteries used in electronic devices, electric mobility, electric vehicles and energy storage.

Li-Cycle chose Eastman Business Park after determining that it was the best location for the company to rapidly expand the “hub” by leveraging the park’s existing infrastructure and providing services to its growing customer base in the States. -United and beyond.

The project builds on the successful rebirth of Eastman Business Park, where more than 6,000 people work in 114 currently operating companies. Other sustainable technology efforts from EBP to develop the sustainable energy ecosystem include the BEST Test and Commercialization Center, Kodak Cell Assembly Center, and Plug Power. Other successful companies at EBP include DuPont, which last year opened the world’s largest probiotic fermentation facility, L3 Harris, LiDestri Food & Drink and Clearwater Organic Farms, which will also open a commercial hydroponic greenhouse at the cutting edge technology. in the fall of 2020.

Eric Gertler, Acting Commissioner of Development for Empire State Development, President and CEO-designate, said: “Our investment in the Li-Cycle lithium-ion battery recycling facility at Eastman Business Park represents our continued commitment. only to this company, but in broader economic opportunities in the This forward-thinking project will create high-quality jobs in the Finger Lakes region and advance our efforts to make New York State a world leader in the field of energy storage. “

Doreen M. Harris, Interim President and CEO of NYSERDA, said, “Today’s announcement demonstrates the impacts of the Cuomo government’s leadership in advancing new clean technologies in all sectors through public-private partnerships that will drive economic development and job growth The energy storage sector is critically important to achieving our national clean energy goals Li-Cycle is demonstrating outstanding leadership with their commitment to this as well as their zero waste philosophy, and we welcome them as a partner in the thriving clean energy of New York economy. “

Eastman Business Park President and Kodak CFO Dave Bullwinkle said, “The Li-Cycle Hub project is a perfect fit for Eastman Business Park and Rochester. The hub project relies on the park’s vast resources, including utilities provided by RED-Rochester and rail, safety, risk management and facilities services provided by Kodak. The new jobs created by the proposed project will directly and indirectly benefit the Rochester area. “

For more information on Li-Cycle, visit the company’s website here.

This announcement complements “Finger Lakes Forward,” the region’s blueprint for generating robust economic growth and community development. The state has already invested more than $ 8.07 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries such as photonics, agriculture and food production, and advanced manufacturing . Now, the region is accelerating Finger Lakes Forward with a state investment of $ 500 million as part of the Higher State Revitalization Initiative, announced by Cuomo in December 2015. The $ 500 million investment The state’s plan will encourage private companies to invest well over $ 2.5 billion – and the region’s plan, as submitted, projects up to 8,200 new jobs. More information is available here.

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