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Stock impact report

Orion S.A. Breaks Ground on Battery Materials Plant in Texas [Yahoo! Finance]

LyondellBasell Industries NV Ordinary Shares Class A (Netherlands) (LYB) 
Last lyondellbasell industries nv ordinary shares class a (netherlands) earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: lyondellbasell.com/en/investors
Company Research Source: Yahoo! Finance
will be the only facility in the U.S. producing acetylene-based conductive additives for lithium-ion batteries and other applications vital for the global shift to electrification. The site in the city of La Porte, southeast of Houston, will create many high-skilled jobs – both in construction and technical fields – and bring innovative technology to the American economy. The battery additives produced by Orion's plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials. "Orion is already the sole producer of acetylene-based conductive additives in Europe," Orion CEO Corning Painter said at the groundbreaking ceremony. "Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market." Every battery requires conductive additives. They enable a more efficient flow of electricity and extend the lifetime of lithium-ion batteries – the most valuable c Show less Read more
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