Chandra Asri Enters EV Battery Ecosystem Through Expansion

By Editorial Team 12/01/2024
EV battery
Summary

PT Chandra Asri Pacific Tbk (TPIA) is set to construct a Chlor Alkali-Ethylene Dichloride (CA-EDC) plant, focusing on the production of caustic soda as a primary raw material for electric vehicle (EV) battery pack components. The plant's wet caustic soda production capacity will reach 400,000 tons annually, with construction scheduled to commence in early 2024.

Chandra Asri Director of Legal External Affairs and Circular Economy Edi Rivai stated that the company is allocating a substantial investment of US$800 million for the facility's construction, which is expected to take 28 months to complete. In addition to wet caustic soda, the CA-EDC plant will manufacture ethylene dichloride, a chemical used in the intermediate stage of polyvinyl chloride (PVC) production for plastic pipes. "This plant's development is our endeavor to facilitate the growth of the midstream industry, supporting Indonesia's ambitions to promote downstream activities and reduce dependence on imported chemical materials," he said on Jan 7.

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