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...

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