Orbia's Fluorinated Solutions business, Koura, is planning to invest $800 million in two expansion projects in Iberville Parish, Louisiana. The first project is the construction of a $400 million manufacturing facility for LiPF6, a component used in lithium-ion batteries. The second project is a $400 million production plant for R-142b, a material used in lithium-ion battery production. These projects would create 100 direct jobs, retain 80 current positions, and generate over 2,000 construction jobs. The final investment decision is expected in the coming months, with construction starting in 2025 and operations commencing in 2026.
Frequently Asked Questions
Q: What is Koura proposing in Iberville Parish?
A: Koura is proposing an $800M expansion for two EV battery supply chain projects in Iberville Parish. They are exploring expansion projects at their facility in St. Gabriel. Source
Q: How much is Koura proposing to invest in EV battery material projects?
A: Koura is proposing to invest $800M in EV battery material projects. These projects aim to support the country's lithium-ion battery production supply chain. Source
Q: Where is Koura proposing the expansion projects?
A: Koura is proposing the expansion projects in St. Gabriel, located in Iberville Parish. Source
Q: What is the purpose of Koura's proposed projects?
A: The purpose of Koura's proposed projects is to support the country's lithium-ion battery production supply chain. Source
Q: How much is Koura investing in the expansion projects?
A: Koura is investing $800M in the expansion projects. Source