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Joint venture will create the largest polyvinylidene fluoride (PVDF) capacity for battery materials in the region. The total investment is estimated at around 850 million USD, partially funded by a grant to Solvay from the U.S. Department of Energy, for a total of 178 million USD.

Orbia’s Fluorinated Solutions business Koura, a global leader in the development, manufacturing and supply of fluoroproducts, today announced it has received a $100 million award from the Office of Manufacturing and Energy Supply Chains (MESC) within the U.S. Department of Energy (DOE). This award supports state-of-the-art lithium-ion battery manufacturing for supply chain security and competitiveness.