Indorama, Capchem consider setting up battery electrolyte plant in southeast US
The proposed Gulf Coast plant will help upcoming EV battery manufacturers in the region to localize supply chains.
Thai petrochemical company Indorama Ventures (IVL) announced via press release on 1 August that it had signed a nonbinding agreement with Shenzhen Capchem subsidiary Capchem USA to study the opportunity to set up a battery solvents plant at one of IVL’s petrochemical facilities in the US Gulf Coast.
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