Open/Close Mobile Menu Open/Close Mobile Menu

China's Do-Fluoride 2021 profit surged 2,491% on EV demand growth

By Carrie Shi
Published: Friday, 11 March 2022

China-based Do-Fluoride Chemicals Co reported a 2,491% increase in net profit in 2021 on surging demand for its lithium hexafluorophosphate (LiPF6) products amid increased uptake of electric vehicles (EVs).

Do-Fluoride Chemicals Co, a leading Chinese producer of fluorine chemicals and lithium ion (Li-ion) battery material, reported a 2,491% year on year increase in net profit during 2021 to 1.26...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.



Editor's choice

  1. Solvay sees growth in fluoropolymers, but rare earths still lag

  2. South African government pressures mining firms to use local suppliers

  3. Chinese Ministry report outlines issues in industrial minerals industry

  4. Mexichem’s profit still impacted by sluggish fluorspar demand and low refrigerants prices

  5. DuPont sees Q2 sales shrink due to low TiO2, mica, fluorochemicals prices