# Do-Fluoride secures $156M lithium hexafluorophosphate supply deal with Enchem

Do-Fluoride New Materials has secured a three-year purchase contract worth at least CNY1 billion ($156 million) from South Korean EV battery maker Enchem to supply lithium hexafluorophosphate from January 2022 to December 2024.

- Type: Contract
- Announced: 2021-11-11
- Value: $156.0M (1.00B CNY)
- Status: announced
- Products: lithium hexafluorophosphate
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Enchem Co., Ltd.](https://endata.com/companies/56503.md) (customer)
- [Do-Fluoride New Materials](https://endata.com/companies/58920.md) (supplier)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-do-fluoride-gains-on-usd156-mln-purchase-order-from-south-korean-ev-battery-maker-enchem), 2021-11-11: "Do-Fluoride will supply Enchem with lithium hexafluorophosphate, a key ingredient of electrolyte materials commonly used in lithium-ion batteries, from January next year to December 2024."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.