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Responding to demand for the polymer in batteries, Kureha plans to build a new polyvinylidene fluoride (PVDF) plant in Fukushima, Japan. The plant will cost nearly $500 million and have 8,000 metric tons (t) per year of PVDF capacity when it is completed in 2026. The company says that use of PVDF as a binder material in lithium-ion batteries is growing at an annual rate of 19%. With the expansion and other improvement projects, Kureha will have about 20,000 t of annual capacity by 2026. It aims to have up to 40,000 t of annual production by 2030.
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