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Teijin Forms LIB Separators JV in Korea

1:56 AM MST | February 15, 2012 | Deepti Ramesh

Teijin says it has established a joint venture in Korea for manufacturing lithium ion secondary batteries (LIBs) separators. The jv with CNF, a major film processor is called Teijin CNF Korea (Asan) and will begin production in June. Teijin tells CW it aims to have a 25% share in the global high-end LIB separator market by 2015. Teijin's annual sales target for its separator business is ¥20 billion ($255 million) by the year 2020. Teijin has developed a separator for LIBs which uses a coating made of a fluorine-based compound. Teijin will offer two types of...

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