Capchem to invest USD245 million in building projects for lithium-ion battery electrolyte and others
2022-08-03 15:09:31 [Print]
Capchem announced on August 1st that its wholly-owned subsidiary, U
Located in the coastal area along Gulf of Mexico, the joint venture will have a total investment of USD245 million and will build projects for 100,000tpy carbonate solvent and 50,000tpy electrolyte with total output of 50,000t of ethylene glycol per year.
. S . Capchem signed a Memorandum for Cooperation recently with IVOX (Indorama Ventures Oxides LLC) to invest together in founding a joint venture in America for the production of carbonate solvent and lithium-ion battery electrolyte. Located in the coastal area along Gulf of Mexico, the joint venture will have a total investment of USD245 million and will build projects for 100,000tpy carbonate solvent and 50,000tpy electrolyte with total output of 50,000t of ethylene glycol per year.