Polyvinylidene Fluoride Market
November 2023-Â Solvay and Orbia's Fluorinated Solutions business has announced the signing of a joint venture agreement to produce the biggest polyvinylidene fluoride (PVDF) production plants for battery materials across the North American region. This partnership brings security of supply with Inflation Reduction Act (IRA) compliant materials and leading-edge PVDF technology together for solutions that are critical to the North American electric vehicle (E.V.) evolution. With the substantial anticipated growth of the U.S. E.V. and stationary energy storage market, demand for lithium-ion batteries will grow considerably and necessitate a robust, secure, and local supply chain. The Orbia-Solvay partnership secures the supply of critical minerals and intermediate materials from Orbia, from which Solvay will manufacture suspension-grade PVDF, a lithium-ion separator, and binder coating in electric vehicle batteries.
June 2023-Â Global polyvinyl chloride (PVC) producer Orbia reached a preliminary joint-venture agreement with European chemicals producer Solvay to construct two plants in the southeastern U.S. for battery-grade polyvinylidene fluoride (PVDF). PVDF is a specialty polymer that comes in various forms, such as pipe, sheet film, or insulators. Among its applications, usage in lithium-ion batteries is of growing interest as the world shifts to electric cars. Under the terms of the preliminary agreement, Solvay's ownership of the project would be 51pc, with Orbia owning the other 49pc. A more definitive agreement is still in progress as the two companies wait for regulatory approval and work to reach mutual satisfaction with terms. In total, the investments under the deal come to $850mn, with the initial spending and engineering beginning in late 2023 and construction concluding for both sites by the middle of 2026. One plant would be built by Solvay in Augusta, Georgia, with the second plant location not yet announced. One plant would be used for raw materials, while the other would create finished products. The new plant would result in the only battery-grade suspension PVDF plant in North America with a capacity of about 20,000 metric tonnes (t), according to Orbia's statement.
Key Companies in the Polyvinylidene Fluoride (PVDF) market include
- 3M
- Arkema
- Daikin Industries, Ltd
- Solvay S.A,
- Shanghai Sanai Fu New Material Co., Ltd.
- Kureha Corporation
- Ofluorine Chemical Technology Co., Ltd.
- Zhejiang Fotech International Co., Ltd.
- Zhuzhou Hongda Polymer Materials Co., Ltd.
- The Quadrant group of companies among others