13 October 2016
DETAILS
The market for lithium-ion batteries
used in automobiles is rapidly growing in China,
driven by government subsidy policies.
Demand for battery materials
including electrolytes
is also sharply increasing, amid an
increasingly competitive market
as new manufacturers emerge to the forefront.
Ube Industries and Mitsubishi Chemical
have agreed to tie-up
for their electrolyte businesses in China
under a 50-50 joint venture,
in order to supply
highly competitive electrolyte to the market.
It will enable
the two companies to combine
their production technologies and
mutually use their technology resources
including intellectual property, in order to
enhance their technologies
and cost competitiveness.
Electrolyte Manufacturing Facilities of
Ube Industries and Mitsubishi Chemical
UBE Industries manufactures electrolyte
* at the Sakai Factory located in Osaka Prefecture, Japan, and
* at a plant located in Zhangjiagang, Jiangsu Province, China.
The annual production capacity is
10,000 tonnes in Japan and
5,000 tonnes in China.
Mitsubishi Chemical manufactures electrolyte
at the Yokkaichi Plant located
* in Mie Prefecture, Japan,
* a plant located in Stockton-on-Tees, the UK,
* a plant located in Memphis, TN, USA, and
* a plant located in Changshu, Jiangsu, China.
The annual production capacity is
13,500 tonnes in Japan and
each 10,000 tonnes in the UK, USA, and China.
For inquiries please contact:
Ube Industries, Ltd.
Investor Relations & Public Relations Department
Corporate Planning & Administration Office
Seavans North Building,
1-2-1 Shibaura, Minato-ku, Tokyo 105-8449
Mitsubishi Chemical Holdings Corporation
Public Relations and Investor Relations Office
Phone : +81-3-6748-7140
WWW.CHEMWINFO.COM BY KHUN PHICHAI
