Arkema invests €10M in battery center to counter Chinese competition

Arkema is investing €10 million in its battery center of excellence in Pierre-Bénite, France, to strengthen its position in the growing battery materials market. The move is part of a broader strategy to become a 'privileged partner' in the supply chain, amid intensifying competition from Chinese firms. The investment signals a continued European push to build domestic battery capabilities, though its scale is modest relative to the market.