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In February, Arkema completed the acquisition of Ashland's Performance Adhesives business, a leading US high-performance adhesives company. With this operation Bostik is reinforcing its technology breadth for structural bonding – a key asset for the assembly of battery systems. And it is fully in line with the Group's strategy to become a pure player in Specialty Materials by 2024.

Earlier this year Arkema has announced a 50% increase in fluoropolymer production capacity at its Changshu site, which will start up in late 2022. Arkema, a world leader in PVDF production, also announced a 50% increase in PVDF production capacity at its Pierre-Bénite site in France, scheduled to start up in the first quarter of 2023.

Arkema and Morrow have signed a Memorandum of Understanding for the development, screening, and testing of novel electrolyte formulations for the next generation of high-voltage batteries. Based on Arkema’s proprietary ultra-pure lithium electrolyte salts and Morrow’s large format batteries based on the cobalt-free high-voltage spinel (LNMO), this partnership will accelerate the development of new generations of batteries.

Arkema and Nippon Shokubai are joining forces to launch feasibility studies and establish a joint venture for the construction of an industrial plant on Arkema Pierre-Bénite (France) plant for the production of LiFSI (Lithium bis(fluorosulfonyl)imide) ultrapure electrolyte salts, a key component of battery cells for electric mobility.

Arkema, the CNRS [Centre National de la Recherche Scientifique (French National Centre for Scientific Research)], Lyon 1 University, and CPE Lyon [École Supérieure de Chimie, Physique, Électronique de Lyon (Grande École of Chemistry, Physics, and Electronics)] have created iHub Poly-9. This joint laboratory will be dedicated to the design of new high-performance materials based on fluoropolymers, which will be used in future generations of batteries.

Arkema has invested in the French battery ecosystem with Verkor by contributing several million euros to the fundraising of the French company, which aims to develop high-performance batteries with a low carbon footprint. With this investment, the Group intends to contribute its expertise and material solutions to a highly innovative project, which will strengthen the battery ecosystem in France and Europe.

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