CANTON TWP. — ElectriPlast Corp., a subsidiary of Integral Technologies Inc. (OTC-BB: ITKG), Tuesday announced the company’s invention of a patent pending, highly conductive plastic bipolar plate which will be developed into a lightweight, moldable and cost effective battery.
The company said the new ElectriPlast bipolar plate provides further benefits to manufacturers and end users because it reduces steps and time in the manufacturing process, provides flexibility in the form factor of the battery, and is environmentally friendly.
“A view shared by many throughout the industry is that lead acid technology is reaching a sunset phase in the development cycle,” says Doug Bathauer, Integral Technologies president and CEO. “This is evident by the ongoing efforts to develop other technologies. While lithium ion, for example, is taking center stage, lead acid is still the ‘tried-and-true’ technology.”
The worldwide market demand for lead-acid batteries was estimated to be $44.7 billion and is projected to reach $58.5 billion B by 2020, according to Future Market Insights.
“Based on our high volume processing capability and elimination of the multiple components needed to assemble other material based plates, our conductive polymer based bipolar plate is very cost effective,” Bathauer said. “Working within the industry and with the Integral Advisory Board, we are in the process of developing partnerships to realize the potential of this new market segment.”
Added Slobodan Pavlovic, ElectriPlast vice president of engineering: “Mechanically robust, the polymer based structure of the bipolar plate allows for ease of handling and assembly as well as resistance to stresses in the battery environment.”
And ElectriPlast CTO Mohammad Zeidan said: “The molding process allows us to produce 3-D shapes which allow the bipolar plate and integral structures to be produced in any desired form. We are able to create reliable seals between the plates and enclosure to prevent electrolyte leaking.”
For more information, visit www.bipolarbatteryplate.com or email email@example.com.
ElectriPlast is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60 percent.