2 December 2015
DETAILS
Itochu Corporation
and the Innovation Network Corporation of Japan
hereby announce that they have agreed to dissolve
Kureha Battery Materials Japan Co., Ltd.,
the joint venture handling materials
for lithium ion batteries (Libs).
Under the agreement, Kuraray, Itochu and INCJ
will sell their shares in KBMJ to Kureha.
In addition, KBMJ’s operations related to BIOCARBOTRON,
a plant-based hard carbon anode material,
will be taken over by Kuraray on January 1, 2016.
Meanwhile, KBMJ will become
a wholly owned subsidiary of Kureha, to which
it will transfer its operations related to
the production and sale of lithium ion battery (LiB)
hard carbon anode material CARBOTRON P as well as
LiB binders on April 1, 2016.
Once the business transfer has been completed,
KBMJ will be subject to corporate dissolution procedures.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
