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MegadealsSubsidy Tracker Individual Entry
Company: Solvay Specialty Polymers USA, LLC
Parent Company:
Solvay
Subsidy Source: federal
State in Which Facility Is Located: Georgia
Project Description: Solvay Specialty Polymers USA, LLC intends to build a new battery-grade polyvinylidene fluoride (PVDF) facility in Augusta, GA, to supply the needs of the North American electric vehicle (EV) and stationary energy storage market. As noted in the Administrations June 2021 critical product supply chain report, PVDF is indispensable in the production of batteries as cathode binder and separator coating material.
Year: 2022
Major Industry of Parent: chemicals
Specific Industry of Parent: chemicals
Subsidy Value: $178,218,568
Program Name: Bipartisan Infrastructure Law: Battery Materials Processing and Battery Manufacturing & Recycling Funding
Awarding Agency: Department of Energy
Type of Subsidy: federal grant
Number of Jobs or Training Slots: 100
Capital Investment: $178,218,569
Source of Data:
(click here)
Notes: Year is year of award announcement. Subsidy value is federal portion of project cost. Jobs are new jobs to be created.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.