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TOKYO, Mar 18, 2020 - (JCN Newswire) - Showa Denko Packaging Co., Ltd. (SPA), a consolidated subsidiary of Showa Denko K.K. (SDK; TSE:4004), has developed a new product to be added to the lineup of SPALF(TM) aluminum laminate films which are used as packaging material for small-scale pouch type lithium-ion batteries (LIBs), and will install equipment to mass-produce the new product, which is specialized for large-scale LIBs, and mainly used for electric vehicles (EVs). Operation of the new production facility is scheduled for March 2021. SPALF is laminated composite film consisting of resin films and aluminum foil, and is mainly used as packaging material for pouch type LIBs. SPALF has a large global market share due to its insulation qualities and plasticity. Pouch type LIBs have outstanding flexibility, and are used in many kinds of small devices including smartphones and tablets. Moreover, they are used increasingly for large-scale applications including EVs as pouch type LIB quality has been widely observed and there has been considerable progress in the verification of pouch type safety. As the EV market is developing in China, following Europe, the Showa Denko Group has decided to mass produce SPALF for large-scale LIBs.
The Showa Denko Group's Vision is to make itself a "KOSEIHA Company" (a group of KOSEIHA Businesses that can maintain profitability and stability at high levels over a long period). The global demand for LIBs (in electrical capacitance) is expected to increase 30% a year until 2025. The Showa Denko Group produces and sells various LIB materials with distinguishing advantages, such as SPALF(TM), VGCF(TM) additives for anode/cathode materials, and POLYSOL(TM) aqueous binding resin. By increasing sales of these LIB materials, the Group will aim to contribute to the growth of LIB market and improvement in functions of LIBs, and make the Group's LIB materials business grow to be established as a KOSEIHA Business in the field of advanced battery materials.
Contact:
Showa Denko K.K., Public Relations Office, Tel: 81-3-5470-3235
Topic: Press release summary
Source: Showa Denko K.K.
Sectors: Chemicals, Spec.Chem, Print & Package
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