World News and Views :: Top of the News
Mitsui Chemicals and Formosa Plastics to form electrolyte solution jv in China
6:32 AM MST | December 27, 2012 | Deepti Ramesh
Mitsui Chemicals says it today entered into an agreement with Formosa Plastics (Taipei, Taiwan) to form a joint venture company in China to manufacture and distribute electrolyte solution, one of the main components of lithium-ion (Li-ion) batteries. The 50-50 jv company will be established in March 2013 at Formosa Plastics’ manufacturing complex at Ningbo. The jv facility will, in the first phase, produce 5,000 m.t./year of electrolyte solution; commercial production is expected to begin in May 2014. The total investment in the project will be about...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee