Driven by continued strong growth in the lithium-ion battery market for electric vehicles, Arkema will increase the capacity of its high-performance polymer PVDF dedicated to this market at its Changshu plant by approximately 50 percent. The investment further supports their ambition to accelerate growth in advanced materials.
The increase in capacity is scheduled to come on stream in the final quarter of 2020. With this project, the company further consolidates its position in PVDF. This is consistent with Arkema’s strategy to supply its customers from plants located in the same region.
“The battery business continues to demonstrate strong sustainable growth, driven primarily by electric passenger vehicles. As a pioneer in high-performance PVDF binders and separator coatings, Arkema continues to invest in research and development and to actively support the growth of its global battery customers here in Asia and across the globe” stated Erwoan Pezron, Global Group President for the Technical Polymers Business Line.