Arkema Acquires Stake in Proionic

Arkema acquired majority stake of nearly 78% in Proionic, a start-up in the production and development of ionic liquids, which are key components for the next generation of lithium-ion batteries. With this acquisition, Arkema completes its broad range of solutions and consolidates its position as a key player in materials regardless of battery technologies.

Combining electrical conductivity and non-flammability, these ionic liquids are key components in the formulation of electrolytes for the next generation of solid batteries, and can even be used, in gel form, to make flexible batteries.

As per the press release, with this acquisition, Arkema is preparing for the next technological developments and consolidating its position as a key player in supporting its customers in the battery ecosystem, regardless of the technologies. The Group has an unrivalled range of high value-added materials that improve the performance of today’s batteries, particularly in terms of energy density, safety, temperature resistance and cooling system performance.

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“With Proionic, Arkema continues to enrich its unique portfolio of differentiating technologies, and strengthens its position as the partner of choice for co-developing the safer, more efficient and more sustainable batteries of the future. We are delighted to welcome Proionic’s teams to this great adventure,” commented Armand Ajdari, Arkema’s Chief Technology Officer.