{"id":21044,"date":"2022-05-06T14:27:31","date_gmt":"2022-05-06T13:27:31","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=21044"},"modified":"2022-05-06T14:27:31","modified_gmt":"2022-05-06T13:27:31","slug":"first-acetylene-based-conductive-additives-plant","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/first-acetylene-based-conductive-additives-plant\/21044\/","title":{"rendered":"First acetylene-based conductive additives plant to be built in the US"},"content":{"rendered":"

Orion Engineered Carbons<\/a> (NYSE: OEC), a speciality chemical company, announced plans on 5 May 2022 to build the first US acetylene-based conductive additives plant.<\/h2>\n

It has been noted that the construction of this acetylene-based conductive additives plant will provide a critical link in the value chain for lithium-ion batteries<\/a>, high-voltage cables, and other products, thus, powering the global transition to electrification and renewable energy.<\/p>\n

Orion\u2019s planned facility in La Porte, Texas, South of Houston, will be supported by a long-term agreement for acetylene supplied from a neighbouring site owned by Equistar Chemicals LP, a subsidiary of LyondellBasell.<\/p>\n

What is acetylene?<\/h3>\n

Acetylene is a colourless gas widely utilised as a chemical building block. Orion\u2019s production process works by turning the acetylene into a powder, which is then added to lithium-ion batteries, enhancing electrical conductivity and extending the lifetime of the most valuable component of an electric vehicle. The material plays a similar role in high-voltage cables utilised for wind and solar farms.<\/p>\n

\"acetylene-based
Orion\u2019s plant in Berre-l\u2019Etang, France. The facility produces acetylene-based conductive additives.
Photo provided by Orion Engineered Carbons.<\/figcaption><\/figure>\n

When will the new plant begin construction?<\/h3>\n

Orion will invest between $120m <\/span>and<\/span> $140m in the <\/span>facility<\/span>. <\/span>C<\/span>onstruction<\/span> is <\/span>expected to <\/span>commence<\/span> in <\/span>the second half of <\/span>2024.<\/span> This investment should increase the company\u2019s conductive additives capacity by approximately 12 kilotons per year.<\/span><\/span>\u00a0<\/span><\/p>\n

\u201cWith this investment, we will quadruple our effective manufacturing capacity of acetylene-based conductive additives,\u201d explained Corning Painter, Orion\u2019s CEO. \u201cWe are already experiencing high demand for this material, so expanding capacity for it is one of our top investment priorities and a major milestone in our growth plans.\u00a0This is a very big day for Orion.\u201d<\/p>\n

The company, which has a similar plant in France with locally supplied acetylene gas from LyondellBasell, is the sole producer of acetylene-based conductive additives in the European Union.<\/p>\n

What will this mean for the US?<\/h3>\n

The US plant will bring new technology and high-skilled jobs to the country, thus, positively impacting long-term job creation for the local community.<\/p>\n

Additionally, demand for battery additives is expected to increase amid a global boom in the construction of gigafactories making lithium-ion batteries. The plant will have a favourable environmental profile and will be subject to obtaining routine regulatory approvals.<\/p>\n

\u201cBatteries will continue to play an increasingly vital role in the world\u2019s shift toward clean energy,\u201d Painter concluded. \u201cBy being a key supplier of materials to the battery industry, we are living up to our mission of delivering solutions for a more sustainable future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Orion Engineered Carbons (NYSE: OEC), a speciality chemical company, announced plans on 5 May 2022 to build the first US acetylene-based conductive additives plant. It has been noted that the construction of this acetylene-based conductive additives plant will provide a critical link in the value chain for lithium-ion batteries, high-voltage cables, and other products, thus, […]<\/p>\n","protected":false},"author":21,"featured_media":21053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[23535],"tags":[24203,24228],"acf":[],"yoast_head":"\nFirst acetylene-based conductive additives plant to be built in the US<\/title>\n<meta name=\"description\" content=\"Orion Engineered Carbons (NYSE: OEC) has announced plans to build the first US acetylene-based conductive additives plant.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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