Dow Lithium-Ion Electrolyte Venture May Meet Half of Current Global Demand

Bloomberg reports that Dow Chemical Co. (NYSE:DOW) formed a joint venture to produce electrolytes used in lithium-ion batteries to meet about half of current demand.

The market news is quoted as saying:

Dow already makes materials for battery separators, anodes and cathodes. Its Dow Kokam venture in Midland broke ground on a lithium-ion battery plant last year.

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