Mitsui Chemicals; Startup of Electrolyte Solution Production Facilities at Nagoya Works
10 Avril 2017 - 7:00AM
Business Wire
- Bolstering mobility business to capture share
in Japan’s eco-friendly car market -
Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO:
Tsutomu Tannowa; “Mitsui Chemicals”) has announced the startup of
its electrolyte solution production facilities, which have been
built at Nagoya Works to accommodate growing domestic demand for
lithium-ion battery-use electrolyte solution.
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Electrolyte Solution Production
Facilities at Nagoya Works (Photo: Business Wire)
[Outline of electrolyte solution
production facilities]
1. Location
Nagoya Works, Mitsui Chemicals
(1, Tangodori 2-chome, Minami-ku, Nagoya,
Aichi)
2. Production capacity 5,000 tons/year
3. Startup
April 2017
Demand for lithium-ion batteries has expanded in line with
growth of laptop, smartphone, and tablet device markets. In the
future, eco-friendly hybrid and electric vehicles are expected to
become widespread in East Asia including China, and in Japan as
well, growth in the electrolyte solution market is forecasted
especially for vehicles.
Mitsui Chemicals owns electrolyte solution production facilities
at Formosa Mitsui Advanced Chemicals Co., Ltd. (“FMAC”) in China, a
joint venture between Mitsui Chemicals and Formosa Plastics
Corporation (Taiwan: 1301; Chairman & President: Jason Lin;
“Formosa Plastics”) to respond to rising domestic demand for
lithium-ion battery-use electrolyte solution. Domestically, it has
developed an electrolyte solution business in the form of contract
production. With the startup of new facilities at Nagoya Works,
Mitsui Chemicals intends to actively promote domestic business
expansion and gradually move away from its existing contract
production toward production at the new facilities.
Mitsui Chemicals is also advancing the expansion of its
electrolyte solution production facilities at FMAC for startup in
November 2017, to enhance the production and supply systems in
preparation for further market expansion.
Mitsui Chemicals has positioned the mobility domain as one of
its key growth drivers. Among other products, development of the
lithium-ion battery-use electrolyte solution is gathering momentum
in this domain. Mitsui Chemicals will put in place a system to
produce and distribute high quality electrolyte solution, taking
advantage of its many years of technical expertise. In doing so, it
will continue to strengthen and expand its electrolyte solution
business with a focus on the mobility domain.
Reference [Profile of FMAC]
1. Name Formosa Mitsui Advanced Chemicals Co., Ltd. 2.
Establishment August 2013 3. Capital US$ 8.2 million 4. Equity
ratio Mitsui Chemicals 50%, Formosa Plastics 50% 5. Location FPC
industrial complex in Ningbo, China 6. Business Manufacture, sales
and research for electrolyte solution in China 7. Capacity
Current: 1,500 tons/year
After expansion: 5,000 tons/year (startup
scheduled for November 2017)
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version on businesswire.com: http://www.businesswire.com/news/home/20170409005031/en/
Mitsui Chemicals, Inc.Takashi Kawamoto, +81-3-6253-2100Corporate
Communications Division