Capchem and Indorama have signed an agreement for Li-ion Batteries - Ingenious e-Brain

Capchem and Indorama have signed an agreement for Li-ion Batteries

News Source:- >> | Image Source:- >>

In order to serve the North American lithium-ion battery industry, Indorama Ventures (IVL) and Capchem USA, a subsidiary of China’s Shenzhen Capchem Technology, are jointly reviewing the alternatives for constructing and running a carbonate solvent plant. The ethylene carbonate and associated derivatives that will be produced in the plants under this agreement are essential part of the electrolyte solutions used in lithium-ion batteries. According to the companies, this new facility would “significantly benefit” the North American lithium-ion battery market, which relies on imports from Asia now due to the shift toward electric vehicles. The entry of Indorama’ Oxides and Derivatives business group into the lithium-ion battery market as a new competitive producer will strengthen its development into a specialty downstream manufacturer


About Ingenious e-Brain Solutions:-

Ingenious e-Brain Solutions provides high-quality, customized and cost-effective Technology Research, Business Research, and Intellectual Property Research solutions to industry leaders, and innovative companies across the globe. Innovation, knowledge and transparency form the basis of our company’s mission and vision. Along with cost benefits, we provide highest quality results ensuring fool-proof confidentiality and security. We are an ISO certified company with offices in India and USA.

Ingenious e-Brain Solutions has a strong team of analysts, and subject matter experts with domain proficiency which is devoted to help clients grow. Our highly qualified professionals offer tailored, value-added and cost-effective services to our clients. We believe in building long term relationships with our clients who include national and international corporations, Fortune 500 companies, world’s leading research institutes and universities as well as independent inventors.

Get in Touch:-
India Office
207-208 Welldone TechPark, Sohna Road
Sector 48, Gurugram,Haryana 122018, India
+91 124 429 4218


our Experts

    checkbox: "