- link Copy Url - [ Share on twitter ](https://twitter.com/intent/tweet?text=Huntsman Announces Plans to Meet Demands of Lithium-Ion Battery Market https://www.3blmedia.com/markdownify/node/40335?absolute=1&via=3blnews "link to 3 B L Media's Twitter") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/40335?absolute=1 "link to 3 B L Media's Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/40335?absolute=1 "link to 3 B L Media's Facebook") - [ email Share via email ](mailto:?subject=Huntsman Announces Plans to Meet Demands of Lithium-Ion Battery Market&body=ESG News from Huntsman Corporation https://www.3blmedia.com/markdownify/node/40335?absolute=1 "Share via email") # Huntsman Announces Plans to Meet Demands of Lithium-Ion Battery Market Jul 18, 2011 7:00 AM ET Campaign: [We See a Better World](/news/campaign/we-see-better-world) July 18, 2013 /3BL Media/ - Huntsman Performance Products, a division of Huntsman Corporation (NYSE: HUN), today announced plans to meet the needs of the burgeoning global lithium-ion battery market. Huntsman’s plans include both near-term expansion of its ULTRAPURE® solvent electrolytes production capabilities in Conroe, Texas, and investigation of a new North American integrated carbonates plant. Commonly used in consumer electronics, lithium-ion batteries are becoming increasingly popular in military and aerospace applications and electric vehicles. High-quality ethylene carbonate and propylene carbonate, used as electrolyte solvents, are critical to the reliable operation and long working life of lithium-ion batteries. Huntsman is a world leader and innovator in high-purity cyclic carbonates, which it markets under its ULTRAPURE® brand. Efficiency improvements at Huntsman’s Conroe plant will position the company to meet the lithium-ion battery market’s immediate and growing demand for electrolyte solvent. “Our investment at Conroe further solidifies Huntsman’s position as the leading supplier of carbonate electrolyte solvents for the emerging lithium-ion battery market, not only in North America, but also globally,” said Stu Monteith, president of Huntsman Performance Products. Monteith added that Huntsman Performance Products is also thinking about the market’s needs over the next three to five years, and is exploring a new carbonates manufacturing facility to produce cyclic and linear carbonates. “We see global demand in the dynamic lithium-ion battery market continuing to grow,” Monteith said. “We are exploring a new carbonates plant that will enable Huntsman to meet the market’s quality and quantity demands by leveraging our extensive knowledge in ultra high-purity carbonates manufacture and our integrated raw materia l position.” Huntsman Performance Products currently has 80 million pounds of carbonates capacity at its Conroe plant, and will continue to produce its full line of JEFFSOL® standard grade propylene, ethylene and glycerine carbonates. For more information, please visit Huntsman’s Performance Products website at [www.huntsman.com](http://www.huntsman.com/). **About Huntsman:** Huntsman is a global manufacturer and marketer of differentiated chemicals. Our operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging and, later, for rapid and integrated growth in petrochemicals, Huntsman has approximately 12,000 employees and operates from multiple locations worldwide. The Company had 2010 revenues of over $9 billion. For more information about Huntsman, please visit the company's website at [www.huntsman.com](http://www.huntsman.com/). ***Forward-Looking Statements:*** *Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provi de revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.* Contact: Anne Knisely Tel: + 1 281 7194072 [![](/sites/default/files/Clients/huntsman_logo_colour_png.png)](/profiles/huntsman-corporation) ### More from Huntsman Corporation ###### [Huntsman’s Titanium Dioxide Pigment Manufacturing Facility at Greatham, UK Wins Prestigious Global IChemE Award](/news/huntsmans-titanium-dioxide-pigment-manufacturing-facility-greatham-uk-wins-prestigious-global) Dec 23, 2014 3:15 PM ET ###### [Huntsman Textile Effects Wins Top Honors At 2014 ICIS Innovation Awards](/news/huntsman-textile-effects-wins-top-honors-2014-icis-innovation-awards) Oct 20, 2014 9:45 AM ET ###### [Huntsman Publishes UNGC Communication on Progress - 2013 ](/news/huntsman-publishes-ungc-communication-progress-2013) Oct 6, 2014 10:00 PM ET ###### [Huntsman Publishes 2013 Sustainability Report](/news/huntsman-publishes-2013-sustainability-report) Oct 2, 2014 10:00 AM ET ###### [Huntsman Pigments is Brightening the Future Sustainably](/news/huntsman-pigments-brightening-future-sustainably) Sep 4, 2014 12:00 PM ET ###### [Huntsman Polyurethanes Make Modern Life More Sustainable](/news/huntsman-polyurethanes-make-modern-life-more-sustainable) Aug 14, 2014 4:00 PM ET ###### [Huntsman Textile Effects Envisages a Better World Through Sustainability in Action](/news/huntsman-textile-effects-envisages-better-world-through-sustainability-action) Jul 7, 2014 11:00 PM ET ###### [GIZ and Huntsman Textile Effects Cooperate to Raise the Bar for the Textile Industry in Bangladesh Through Chemical Environmental Management](/news/giz-and-huntsman-textile-effects-cooperate-raise-bar-textile-industry-bangladesh-through) Jun 18, 2014 11:00 AM ET