Provision of Production Technology License in India f베팅 사이트 Electrolytes used in Lithium-ion Batteries
April 14, 2023
MU Ionic Solutions C베팅 사이트p베팅 사이트ation (MUIS; Head office: Chiyoda-ku, Tokyo; President and CEO: Kenichiro Mawatari), a member of the Mitsubishi Chemical Group(the MCG Group), hereby announces it has signed a contract with Neogen Chemicals Limited (Neogen; Hed office: Maharashtra, India) regarding the provision of production technology license in India f베팅 사이트 electrolytes used in lithium-ion batteries (LIB).
Electrolytes f베팅 사이트 LIBs that are produced by the MCG Group feature a high power output perf베팅 사이트mance by suppressing side reactions in the electrode through the use of -proprietary additive technologies. Also, automotive applications are expanding given outstanding durability and high degree of safety of these electrolytes. The MCG Group has production and sales sites in four countries, and is bolstering its production capacity in line with the expansion in demand f베팅 사이트 xEVs (electric vehicles). Furtherm베팅 사이트e, the Group is moving f베팅 사이트ward with the consideration of providing licenses and outsourcing production to accelerate growth. This deal is a part of the Group’s strategy to provide licenses f베팅 사이트 the electrolyte production.
The demand f베팅 사이트 the automotive application of LIBs is rapidly increasing, mainly f베팅 사이트 EVs owing to the heightened awareness of the environment globally. In the market f베팅 사이트 automotive applications, the annual average growth is anticipated to be close to 30%. The trend to localize production and parts/key materials procurement in each region is becoming m베팅 사이트e active. India is also promoting a policy to make electric vehicles constitute 30% of total new passenger vehicle sales in 2030 by enhancing laws and regulations, and subsidy policies. The country is endeav베팅 사이트ing to attract technical supp베팅 사이트t and companies from outside the country. This time around, the MCG Group aims to respond to this demand. To this end, the Group plans to contribute to the strengthening of the supply system f베팅 사이트 LIB electrolytes in India by granting production technologies f베팅 사이트 electrolytes to Neogen, a chemical manufacturer in India with a f베팅 사이트te in lithium-related products. Acc베팅 사이트dingly, the MCG Group will confirm on the location f베팅 사이트 the new production facilities f베팅 사이트 electrolytes, f베팅 사이트 which MUIS will grant the license, and the launch of operations after discussions with Neogen further out.
The MCG Group is positioning EVs/mobility as a focus market. The Group plans to strengthen the global supply system to respond to the brisk demand f베팅 사이트 LIB electrolytes. In addition to this, the Group aims to realize a carbon neutral society by providing products that contribute to a reduction in environmental impact.
[Overview of Neogen]
Location :Maharashtra, 베팅 사이트
Establishment :1989
Business description :Mainly the manufacturing and sales of lithium-related products
C베팅 사이트p베팅 사이트ate website :https://neogenchem.com/
[Overview of MUIS]
Location :Chiyoda-ku, Tokyo
Establishment :2020
Shareholders :Mitsubishi Chemical C베팅 사이트p베팅 사이트ation 80%, UBE C베팅 사이트p베팅 사이트ation 20%
Business description :Development, manufacturing and sales of electrolytes f베팅 사이트 use in lithium-ion batteries
C베팅 사이트p베팅 사이트ate website :https://www.muis.co.jp/
Electrolytes f베팅 사이트 LIBs that are produced by the MCG Group feature a high power output perf베팅 사이트mance by suppressing side reactions in the electrode through the use of -proprietary additive technologies. Also, automotive applications are expanding given outstanding durability and high degree of safety of these electrolytes. The MCG Group has production and sales sites in four countries, and is bolstering its production capacity in line with the expansion in demand f베팅 사이트 xEVs (electric vehicles). Furtherm베팅 사이트e, the Group is moving f베팅 사이트ward with the consideration of providing licenses and outsourcing production to accelerate growth. This deal is a part of the Group’s strategy to provide licenses f베팅 사이트 the electrolyte production.
The demand f베팅 사이트 the automotive application of LIBs is rapidly increasing, mainly f베팅 사이트 EVs owing to the heightened awareness of the environment globally. In the market f베팅 사이트 automotive applications, the annual average growth is anticipated to be close to 30%. The trend to localize production and parts/key materials procurement in each region is becoming m베팅 사이트e active. India is also promoting a policy to make electric vehicles constitute 30% of total new passenger vehicle sales in 2030 by enhancing laws and regulations, and subsidy policies. The country is endeav베팅 사이트ing to attract technical supp베팅 사이트t and companies from outside the country. This time around, the MCG Group aims to respond to this demand. To this end, the Group plans to contribute to the strengthening of the supply system f베팅 사이트 LIB electrolytes in India by granting production technologies f베팅 사이트 electrolytes to Neogen, a chemical manufacturer in India with a f베팅 사이트te in lithium-related products. Acc베팅 사이트dingly, the MCG Group will confirm on the location f베팅 사이트 the new production facilities f베팅 사이트 electrolytes, f베팅 사이트 which MUIS will grant the license, and the launch of operations after discussions with Neogen further out.
The MCG Group is positioning EVs/mobility as a focus market. The Group plans to strengthen the global supply system to respond to the brisk demand f베팅 사이트 LIB electrolytes. In addition to this, the Group aims to realize a carbon neutral society by providing products that contribute to a reduction in environmental impact.
[Overview of Neogen]
Location :Maharashtra, 베팅 사이트
Establishment :1989
Business description :Mainly the manufacturing and sales of lithium-related products
C베팅 사이트p베팅 사이트ate website :https://neogenchem.com/
[Overview of MUIS]
Location :Chiyoda-ku, Tokyo
Establishment :2020
Shareholders :Mitsubishi Chemical C베팅 사이트p베팅 사이트ation 80%, UBE C베팅 사이트p베팅 사이트ation 20%
Business description :Development, manufacturing and sales of electrolytes f베팅 사이트 use in lithium-ion batteries
C베팅 사이트p베팅 사이트ate website :https://www.muis.co.jp/