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The French specialty chemical firm Arkema has agreed to acquire almost 78% of Proionic, an Austrian start-up producing ionic liquid-based electrolytes for solid-state lithium-ion batteries. Arkema says the purchase will enable it to offer a broad range of materials for battery producers regardless of battery technology. Proionic’s know-how includes processes for making nonflammable ionic liquids. The company recorded sales in 2023 of about $2.7 million.
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