Air Liquide will invest $150m in a new air separation unit (ASU) in Tennessee to supply oxygen to LG Chem’s future cathode active material plant as part of a newly signed contract.
Announced today (15th Oct), the deal expands the industrial gas giant’s production capacity and pipelines in the US state and supports its industrial merchant market business.
Air Liquide will build, own, and operate the ASU at Airgas’ production facility in Clarksville. It will be the second ASU at the side, with the first opening in 2013. The new plant is expected to be commissioned in 2027.
Cathode active materials (CAMs) are a key component of batteries. LG Chem’s new plant will produce lithium-ion electric vehicle batteries to meet demands.
