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Mitsui Chemicals Completes the Expansion of Electrolyte Solution Production Capacity in China
Published: Dec 08,2017Mitsui Chemicals, Inc. has announced the commencement of commercial operation of facilities for the production of electrolyte solution for lithium-ion batteries run by Formosa Mitsui Advanced Chemicals Co., Ltd., a joint venture of Mitsui Chemicals and Formosa Plastics Corporation (Formosa Plastics), in November 2017. The capacity had previously been expanded in December 2016.
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The market for lithium-ion batteries is growing in line with the rising demand for laptops, smartphones and tablets. It is anticipated that the market will expand further, mainly in China, given that plug-in hybrid vehicles and electric vehicles (EVs) with smaller environmental footprints will come into widespread use.
In collaboration with Formosa Plastics, Mitsui Chemicals constructed the facilities to produce high quality electrolyte solution, beginning commercial operation in July 2016. In preparation for the market growth, the recent expansion was made to bolster the supply system by calling on well established technologies and knowledge on electrolyte solution, to meet growing demand in the Chinese market.
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