EU backs Cylib with €26m to build one of Europe’s largest battery-recycling plants
24 sep. 2025
10:17
German battery-recycling firm Cylib has secured an EU grant worth €26.1m to build a large industrial facility in western Germany. The site is slated to begin operations in 2027.
Cylib's co-founder, Lilian Schwich, developed a new water-based process for recycling lithium-ion batteries when she was a researcher at RWTH Aachen University.
Just three years since spinning off that research to found Cylib, the company she started with her husband Gideon Schwich, and their research partner Paul Sabarny, employs more than 120 people.