Total investment of 1.2 billion yuan! Funolin builds the world’s largest vinylidene fluoride polymer project in Qianjiang

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On July 18, the annual production line for 25,000 tons of perfluoroethylene polymers at Funuolin in Qianjiang City, along with related projects, began construction. Once completed, it will address the issue of having to import half of the key raw materials used in domestic lithium battery separators, as well as the chronic shortage of such materials. The total investment in this project is 1.2 billion yuan, with an annual production capacity of 25,000 tons of perfluoroethylene polymers, which is equivalent to the global supply of PVDF for lithium-ion batteries in 2021. This year, with the support of Hubei Province and Qianjiang City, the enterprise signed a contract in June and commenced construction successfully in July. “The project is constructed in two phases; the first phase involves 12,500 tons, and the second phase also involves 12,500 tons. Due to the severe shortage in the market, it is possible that both phases will be carried out simultaneously. ”As introduced by Miao Guoxiang, chairman of Funolin Chemical New Materials Co., Ltd. The establishment of Funolin in Qianjiang has also attracted the arrival of enterprises related to the lithium battery materials industry. “We are the first company in China to produce perfluorohexane fire extinguishing agents. Our products can work in conjunction with Funolin’s products in the application of new energy lithium batteries, serving as a substitute for imported products. ”Zhang Zhaofu, chairman of Zhejiang Noah Fluorine Chemical Co., Ltd., said that the company has signed an agreement in Qianjiang to invest 630 million yuan in a production base for environmentally friendly fire extinguishing agents and fluorine-containing electronic specialty chemicals, as well as a R&D and testing center; the goal is to establish the company’s industrial base and R&D center there. “The successful establishment of the Fuenolin project marks the official launch of the construction of a lithium battery materials industry base, said Wang Bing, director of the Qianjiang Economic Development Zone Management Committee. The area will take advantage of the strategies related to \"carbon peak and carbon neutrality\" by focusing on attracting enterprises that produce positive and negative electrode materials for lithium batteries, as well as other auxiliary materials, in an effort to create the largest lithium battery materials industry base in Central China.