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Polyfluoride's net profit in the first three quarters is expected to increase by more than 50 times

 Last Update: 2021-10-19
 Source: Internet
 Author: User

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Sinochem News Online on October 7th, Duo Fluoride released a performance forecast.

Regarding the reasons for the growth in performance, Polyfluoride said that it was mainly due to the strong market demand for new material products and the rising volume and price, which led to a substantial increase in profitability

It is understood that the main business of Polyfluoride is the research and development, production and sales of aluminum fluoride salts, new materials, lithium batteries and other related fields

Benefiting from the rapid development of new energy vehicles, lithium hexafluorophosphate is an important raw material for lithium-ion battery electrolytes, and demand is quickly released, pushing prices up sharply

As of the end of 2020, Lithium Polyfluoride Hexafluorophosphate has a production capacity of 10,000 tons.

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