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Louisiana Economic Development: Japanese Chemical Company UBE Announces $500 Million Investment to Build Louisiana Facility to Serve Growing EV Battery Market
March 01, 2024
BATON ROUGE, Louisiana, March 1 -- Louisiana Economic Development issued the following news release:

Japanese chemical company UBE Corporation announced it will invest $500 million to establish the first U.S. manufacturing facility for key electric vehicle (EV) Lithium Ion Battery (LiB) ingredients dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC). The project, which is intended to bolster the domestic battery components supply chain by reducing the current heavy reliance on . . .

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