Alkeemia

What Alkeemia does

Alkeemia S.p.A. is one of Europe's largest producers of anhydrous hydrofluoric acid (AHF) and fluoroderivatives, operating from a 125,000-square-meter facility in Porto Marghera (Venice), Italy with 27,000 tonnes/year AHF capacity, and through the 50/50 CF Carbons joint venture with Nobian (formerly Akzo Nobel Chemicals) at Frankfurt's Industriepark Hoechst, which adds 24,000 tonnes/year of chlorodifluoromethane (R22). The company's core products include AHF, R22, hydrofluoric acid 40%, fluorosilicic acid, hydrochloric acid, and calcium sulfate — serving fluoropolymer, refrigerant, pharmaceutical, agrochemical, electronics/semiconductor, metallurgy, and petroleum-refining customers across Europe via a sales-led B2B model with over 90% of AHF delivered by rail tankers to long-term strategic partners.

Alkeemia generates revenue primarily through direct industrial chemical sales on quote-based contracts, with no public pricing and a relationship-driven go-to-market targeting large manufacturers. A 2022 €21 million sustainable transformation of the Porto Marghera site — backed by €10 million in green financing from Intesa Sanpaolo with SACE guarantee — added a natural-gas cogeneration unit covering 75% of the facility's energy needs and supported ISO 9001/14001/45001 and EcoVadis Platinum (99th percentile, 2024) certification.

Since acquisition by Blantyre Capital Ltd in October 2021, Alkeemia has pivoted toward the European lithium-ion battery supply chain. The company secured European IPCEI program funding to develop an innovative LiPF6 (lithium hexafluorophosphate) production process and is engineering selective-fluorination pathways for high-performance electrolyte additives (LiDFBOP, LiDFOB, LiDFOP, FEC, HFPN). Its proprietary HF-based graphite purification technology — which achieved 99.99% carbon purity on Blencowe Resources' Orom-Cross graphite — anchors a new graphite-processing business, formalized through a binding 51/49 joint venture with International Graphite (ASX: IG6) at Porto Marghera for a 10,000-15,000 t/y EU processing hub targeting first production in H2 2027. Additional partnerships with Blencowe Resources, Northern Graphite, Italian universities, and the European IPCEI program — plus the annual Alkeemia Battery Forum — position the company as a non-Chinese, European-based alternative for fluorochemicals and battery materials critical to EV, defense, and energy-storage supply chains.

Name

Alkeemia

Legal name

ALKEEMIA S.p.A.

Website

https://alkeemia.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Alkeemia is one of Europe's largest producers of anhydrous hydrofluoric acid and fluoroderivatives, serving fluoropolymer, refrigerant, pharmaceutical, agrochemical, and battery-material manufacturers via its Porto Marghera facility and the CF Carbons JV in Frankfurt.

Ownership category

akta.pro rank

Product category

Specialty Fluorochemicals

NAICS

Other Basic Inorganic Chemical Manufacturing (325180), Basic Chemical Manufacturing (3251), Chemical Manufacturing (325)

SIC

Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Chlor-Alkali & Derivatives (IMAEAAAC)

Keywords

• Fluorochemicals manufacturing
• Hydrofluoric acid production
• Battery materials supply
• Graphite purification services
• Specialty industrial chemicals

Headquarters

HQ city

Porto Marghera

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Anhydrous Hydrofluoric Acid (AHF) Production and Sales: Alkeemia is one of Europe's largest producers of AHF, with 27,000 tonnes/year capacity at Porto Marghera. AHF is sold to major manufacturers in fluoropolymers, refrigerants, agro/pharmaceuticals, and petroleum refining industries. Over 90% of production is delivered via rail tankers to strategic partners.
2. Fluoroderivatives Production: Production and sale of fluoroderivatives including chlorodifluoromethane (R22), hydrofluoric acid 40%, hydrochloric acid, calcium sulfate, and fluorosilicic acid. These products serve steel, glass, ceramics, chemicals, construction, water treatment, and fertilizer industries.
3. Graphite Purification Services: HF-based purification services for natural and synthetic graphite, serving energy storage, defense, automotive, and industrial applications. This is a newer revenue stream developed through partnerships with graphite miners for non-Chinese processing solutions.
4. Battery Materials R&D and Production: European IPCEI-funded development of LiPF6 (lithium salt) and electrolyte additives for lithium-ion batteries. This represents a strategic move into higher-value battery materials for the European EV supply chain.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Alkeemia manufactures and sells inorganic fluorochemicals, primarily anhydrous hydrofluoric acid (AHF) with 27,000 tonnes/year capacity at Porto Marghera (Italy) and chlorodifluoromethane (R22) with 24,000 tonnes/year capacity via the CF Carbons joint venture in Frankfurt (Germany). The company also produces derivative chemicals including hydrofluoric acid 40%, hydrochloric acid, calcium sulfate, and fluorosilicic acid, and is expanding into HF-based graphite purification and lithium-ion battery materials (LiPF6 and electrolyte additives).

Product overview

Alkeemia is a leading European producer of hydrofluoric acid and fluoroderivatives, operating through two primary facilities: Porto Marghera (Italy) and Frankfurt (Germany). The core product portfolio centers on Anhydrous Hydrofluoric Acid (AHF, 27,000 t/y capacity), Chlorodifluoromethane (R22, 24,000 t/y via CF Carbons JV), and related chemical derivatives including hydrofluoric acid solutions, hydrochloric acid, fluorosilicic acid, and calcium sulfate. The company has expanded into the battery materials sector with graphite purification services (HF-based, achieving 99.9%+ purity) and is developing lithium battery chemicals (LiPF6, electrolyte additives) through IPCEI funding. Alkeemia also organizes the annual Alkeemia Battery Forum event. The company holds 50% stakes in CF Carbons GmbH (Frankfurt) and operates graphite processing joint ventures with International Graphite and partnerships with Blencowe Resources and Northern Graphite.

Differentiator

Problem solved

Functional benefit

Brands

• Alkeemia Battery Forum: Annual open event organized by Alkeemia for companies and professionals working within the battery and storage ecosystem, aimed at supporting European market growth by creating connections along the value chain

Products and services

• Anhydrous Hydrofluoric Acid (AHF) Primary product produced at 27,000 tons/year capacity at Porto Marghera. AHF is the precursor to almost all fluorine-based chemicals and serves fluoropolymer, refrigerant, agro/pharmaceutical, and oil refining industries.
• Chlorodifluoromethane (R22) Produced at the CF Carbons Frankfurt facility (24,000 tons/year capacity) through a 50/50 joint venture with Nobian. R22 is a precursor to major fluoropolymers including PTFE and ETFE.
• Hydrofluoric Acid 40% Dilute hydrofluoric acid used in steel pickling, glass etching, and production of inorganic fluoroderivatives.
• Hydrochloric Acid (HCl) Byproduct used in steel pickling, inorganic chlorinated compounds production, pH control, and water treatment additives.
• Calcium Sulfate (Gypsum and Anhydrite) Produced as granular gypsum and ground anhydrite. Gypsum used as cement additive; anhydrite used for self-levelling floors, gypsum board, and fertilizers.
• Fluorosilicic Acid (FSA) Raw material for several inorganic fluoroderivatives in fluorine chemistry applications.
• Graphite Purification Services HF-based purification services for natural and synthetic graphite, achieving 99.99% carbon content purity. Targets energy storage, defense, automotive, and industrial applications with non-Chinese processing routes.
• Lithium Hexafluorophosphate (LiPF6) Innovative LiPF6 production project (key ingredient for Lithium-Ion batteries) funded by European IPCEI program. Part of Alkeemia's entry into the energy storage segment.
• Battery Electrolyte Additives Electrolyte additives for high-performance batteries involving selective fluorination processes on specific substrates (LiDFBOP, LiDFOB, LiDFOP, FEC, HFPN).
• Safe-to-Handle Fluorinating Agents Safe-to-handle fluorination products for pharmaceutical, agrochemical, and oil & gas applications as alternatives to HF. Customizable systems for specific processes.

Quantifiable outcome

• 99.99% carbon content purity achieved in graphite purification tests, exceeding the 99.95% required for lithium-ion battery applications
• +3 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• International Graphite (ASX: IG6)coreStrategic or Co-development Partner · 1 May 2026Binding joint venture agreement to build an EU graphite processing hub at Alkeemia's Porto Marghera facility. Alkeemia holds 51% and IG6 holds 49% of the venture. Initial production capacity of 10,000 tonnes/year, scalable to ~15,000 tonnes/year within three years. Construction scheduled to start Q3 2026 with first production expected H2 2027. Targets non-Chinese graphite supply for European battery market.
• Blencowe ResourcescoreStrategic or Co-development Partner · 1 January 2026Purification testwork partnership using Alkeemia's proprietary Italian processing technology at Porto Marghera. Achieved 99.99% carbon content purity for Orom-Cross graphite products - first such testing within the EU. Establishes initial processing capacity exceeding 1,000 tonnes annually with commercial production targeted for 2027. Blencowe positioned as exclusive natural flake graphite supplier to EU SAFELOOP initiative under Project Horizon.
• Northern GraphitesupportingStrategic or Co-development Partner · 1 November 2025Letter of Intent signed to secure access to cleaner graphite purification technology in Italy. Pilot plant planned to demonstrate the process. Agreement secures 100 tonnes per year of high-purity graphite for downstream applications. Partnership aims to scale technology for full industrial use in Western regions including Canada and France.
• CF Carbons / NobiancoreStrategic or Co-development Partner · 1 March 202150/50 joint venture between Alkeemia and Nobian (formerly Akzo Nobel Chemicals). CF Carbons produces chlorodifluoromethane (HCFC-22/R22) at the Frankfurt facility with 24,000 tonnes/year capacity. Alkeemia provides AHF while Nobian supplies chloroform as raw materials. Production serves as precursor for fluoropolymers including PTFE, ETFE, and others.
• Universities of Padua, Venice, Cagliari, and RomesupportingStrategic or Co-development PartnerOpen Innovation R&D partnerships with Italian universities supporting research activities in fluorination chemistry, battery materials, and industrial applications. Focus on lithium-ion battery chemicals, pharmaceutical intermediates, agrochemicals, and oil&gas process aids.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Solvay: Solvay is a Belgian specialty chemical major and historically one of Europe's largest producers of hydrofluoric acid and fluorinated derivatives (solvents, fluoropolymers). It directly competes with Alkeemia in AHF supply and downstream fluorochemistry across fluoropolymer, refrigerant, and pharma/agro customers.
• Arkema: Arkema is a French leader in fluoropolymers (Kynar PVDF, Forane refrigerants) and fluorinated specialty chemicals, and a downstream customer for AHF. It overlaps with Alkeemia across HF-derived fluoropolymer intermediates and refrigerant precursors and is also expanding into battery-grade PVDF for European lithium-ion supply.
• Honeywell: Honeywell's Performance Materials and Technologies segment operates major HF and HFO/HCFC production (Geismar, Louisiana) supplying refrigerants and fluoropolymers. It is a global competitor in fluorochemicals and a key Western alternative to Asian HF capacity.
• Chemours: Chemours (DuPont spinoff) is one of the largest global producers of fluoroproducts, AHF, refrigerants (Opteon), and fluoropolymers. It directly competes with Alkeemia across the same AHF → refrigerant → fluoropolymer value chain, particularly in Western markets.
• Daikin: Daikin is the world's largest HVAC and refrigerant company and a vertically integrated producer of HF, HCFCs/HFOs, and fluoropolymers. As a major Japanese fluorochemical manufacturer, it competes globally with Alkeemia for fluoropolymer and refrigerant precursor supply.
• Stella Chemifa: Stella Chemifa is a Japanese specialty fluorine chemical producer focused on high-purity HF, fluorinating agents, and battery electrolyte salts (LiPF6). It directly competes with Alkeemia in fluorinating agents and is also a peer in the LiPF6 space Alkeemia is targeting.
• Morita Chemical Industries: Morita Chemical is a Japanese producer of anhydrous hydrofluoric acid and downstream fluorine derivatives, including specialty fluorinated materials. It is closely comparable to Alkeemia as an HF-focused specialty chemicals producer with selective downstream integration.
• SRF Limited: SRF Limited is an Indian diversified fluorochemicals manufacturer producing HF, refrigerants, fluoropolymers, and fluorinated intermediates for pharma and agro. It competes with Alkeemia across AHF, R32/R125 refrigerant precursors, and pharma/agro fluorinated building blocks.
• Navin Fluorine International: Navin Fluorine is India's largest specialty fluorine chemistry company producing AHF and fluorinated intermediates for pharmaceuticals, agrochemicals, and refrigerants. It competes directly with Alkeemia in HF supply and pharma/agro fluorinated derivatives.

Broad incumbents

• Lanxess: Lanxess is a German specialty chemicals incumbent with a portfolio spanning industrial intermediates, additives, and fluorine-related chemistries. As a broader European chemicals platform, it overlaps with Alkeemia on selected inorganic fluoroderivatives and downstream industrial customers.

Market position

Strengths5 records

Weaknesses6 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alkeemia

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alkeemia