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Mitsui Chemicals-Formosa Plastics electrolyte jv gets green light from Taiwan's Fair Trade Commission

7:37 AM MDT | June 27, 2013 | Francinia Protti-Alvarez

Formosa Plastics' and Mitsui Chemicals' previously announced joint venture to produce electrolyte solution at Formosa’s Ningbo, China site, has been approved, according to a statement from the Fair Trade Commission of Taiwan. The jv does not constitute a threat to the Taiwanese lithium-ion battery market the commission says. The jv still awaits approvals from Investment Commission of the Ministry of Economic Affairs. Electrolytes are a key component of lithium-ion batteries. The jv still awaits approvals from Investment Commission of the Ministry of...

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