The increase in capacity is scheduled to come on stream before the end of 2022. This new investment is fueled by further strong demand in the lithium ion battery business as well as significant opportunities in the water filtration, construction coatings, and semiconductor industries.

Built in the context of the strong growth potential in Asia, and particularly in China, for the established coatings market and the rapidly emerging lithium ion battery and water-filtration markets, the Changshu plant was the Group's third global integrated PVDF production plant with the first batch of Kynar® PVDF produced on February 17, 2011. This plant, known as Arkema's 'Tiger Plant', as it was constructed in 2010, the year of the Tiger, represented a major strategic step for Arkema in its commitment to supply global customers from each region. Arkema's well-established Changshu platform was already an epicenter of fluorine chemistry and the location also placed its activities at the heart of its customer base.

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Arkema SA published this content on 23 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2021 07:49:03 UTC.