Chemical Companies Step Up Production of Materials for Rechargeable Batteries

SUGAR LAND--September 10, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The push during the past year to capitalize on stimulus dollars and investment incentives offered for the manufacture of rechargeable batteries for the automotive industry and photovoltaic films for the solar industry has helped drive spending in some very niche corners of the Chemical Processing Industry (CPI). The movement to see an increased number of automobiles in North America running from battery power is nothing new, although the trend has gained tremendous momentum during the past year. Investment projects to produce specialty chemicals used in the manufacture of lithium batteries have become a focus for many.

Other companies featured: Honeywell International Incorporated (NYSE:HON), BASF SE (OTC:BASFY), E.I. du Pont de Nemours and Company (NYSE: DD)