ICL Announced It Has Signed A MoU With Orbia Advance Corp., S.A.B. de C.V. Fluor & Energy Materials, As Both Companies Continue To Expand Their Presence In The North American Battery Materials Supply Chain
Portfolio Pulse from Benzinga Newsdesk
ICL has signed a memorandum of understanding with Orbia Advance Corp. to supply phosphorus trichloride for the production of LiPF6, a key component in lithium-ion batteries, at Orbia's planned plant in St. Gabriel, Louisiana. This partnership aims to enhance the North American battery materials supply chain.
September 25, 2024 | 8:22 pm
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ICL has signed an MOU with Orbia to supply phosphorus trichloride for LiPF6 production, enhancing its role in the North American battery materials supply chain.
The MOU with Orbia positions ICL as a key supplier in the growing North American battery materials market, potentially increasing demand for its products and positively impacting its stock price.
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