Monbat to acquire 66.66% of STC

Monbat, a car battery maker, has announced that its board has approved the acquisition of a 66.66% stake in Italian engineering company Science Technology & Consulting (STC) for an undisclosed price.

The acquisition will allow Monbat to introduce new services, such as electrolyte recovery, heavy and light plastics separation and recycling, hydrometallurgical conversion of lead paste in lead oxide, ultrapure lead oxide production and ultrapure lead oxide reduction at low temperatures, used in new battery production and many other technologies owned by the company.