Mitsui's commences electrolyte solution production at Nagoya Works facilities
Japan's Mitsui Chemicals has initiated the production of electrolyte solution at its facilities at Nagoya Works, to meet the growing demand for the lithium-ion battery-use electrolyte solution.
The new facility can annually produce 5,000t of the electrolyte solution.
With the increased production and usage within the global mobile device markets, the demand for the lithium-ion batteries has grown significantly.
Mitsui Chemicals also has electrolyte solution production facilities at Formosa Mitsui Advanced Chemicals (FMAC) in China.
FMAC is a joint venture company between Mitsui Chemicals and Formosa Plastics that was created to cater the rising domestic demand for the lithium-ion battery-use electrolyte solution.
Mitsui Chemicals intends to enhance and promote its electrolyte solution business through its facilities at Nagoya Works, and move away from its existing contract production.
From November, Mitsui Chemicals plans to further expand its electrolyte solution production facilities at FMAC, as well as improve its production and supply systems in order to enhance its footprint in the market.
The company anticipates that the mobility domain would be one of the key segments for the lithium-ion battery-use electrolyte solution.
Using its technical expertise, Mitsui Chemicals intends to produce and distribute high-quality electrolyte solution and strengthen its electrolyte solution business with a focus on the mobility domain.
According to the company, the electrolyte solution market is expected to grow in the future, as the demand for the eco-friendly hybrid and electric vehicles is gradually on the rise in East Asia.
Image: Mitsui Chemicals starts production of electrolyte solution production at its facilities at Nagoya works. Photo: courtesy of Mitsui Chemicals.