Huntsman expand capacity meet Lithium-Ion battery market needs

Huntsman to expand capacity to meet Lithium-Ion battery market needs

5:21 PM, 19th July 2011
Huntsman to expand capacity to meet Lithium-Ion battery market needs

THE WOODLANDS, US: Huntsman Performance Products, a division of Huntsman Corporation has planned expansions to cater to the needs of the burgeoning global lithium-ion battery market.

Huntsman’s plans include both near-term expansion of its ULTRAPURE solvent electrolytes production capabilities in Conroe, Texas and investigation of a new North American integrated carbonates plant.

Commonly used in consumer electronics, lithium-ion batteries are becoming increasingly popular in military and aerospace applications and electric vehicles.

“We see continued growth of global demand in the dynamic lithium-ion battery market. Additionally, we are exploring a new carbonates plant that will enable Huntsman to meet the market’s quality and quantity demands by leveraging our extensive knowledge in ultra high-purity carbonates manufacture and our integrated raw material position,” said Stu Monteith, President, Huntsman Performance Products.

Huntsman Performance Products currently has 80 million pounds of carbonates capacity at its Conroe plant and will continue to produce its full line of JEFFSOL standard grade propylene, ethylene and glycerine carbonates.

© WOC News




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