Dow to invest in new world-scale carbonate solvents facility in US
26 Mar 24 2 min read
Insights
- Dow's investment in US Gulf Coast ethylene derivatives capacity, supported by DOE collaboration, underscores its commitment to sustainability.
- Dow's provision of carbonate solvents for lithium-ion batteries fuels EV market expansion, pivotal for reducing carbon emissions.
- Supply chain resilience and community development are enhanced through workforce partnerships.
Dow is collaborating with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) and was selected for award negotiations to establish a world-scale carbonate solvents production facility for lithium-ion battery production on the U.S. Gulf Coast. The project is supported by agreements with customers, including leading EV original equipment manufacturers and electrolyte manufacturers.
This facility will capture more than 90% of the carbon dioxide from the ethylene oxide manufacturing process and will utilize it to produce carbonate solvents needed for the electrification of vehicles and to strengthen the U.S. power grid through energy storage. This investment is in line with Dow and the U.S. government's goals to enable reduction of greenhouse gas emissions in the mobility and transportation sector by investing in supply chain resiliency for domestic battery and EV manufacturing.
"This announcement is an exciting proof point of Dow's Decarbonize & Grow strategy, paired with our MobilityScience capabilities and commitment to a sustainable future for the automotive industry," said Brendy Lange, Dow Industrial Solutions business vice president. "The support from the DOE is a critical enabler of this project, localizing the supply of low-carbon value-added products to help enable the clean energy transition while advancing the decarbonization of our own operations."
Carbonate solvents are an important component of the electrolyte inside lithium-ion batteries, which help to enhance battery performance and longevity, enabling the advancement and adoption of electric vehicle technology. They will expand Dow's high-performing MobilityScience portfolio to address Mobility industry challenges like decarbonization and improving EV performance.
As part of this investment, Dow is committed to enhancing its community in parallel. Dow will collaborate with new and existing partners in growing diverse suppliers, workforce development and education, economic development, and local and state government to address infrastructure needs.
Note: The content of this press release has not been edited by Fibre2Fashion staff.
Fibre2Fashion News Desk (RM)
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