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Saturday, October 23, 2010

Mitsubishi Chemical to boost output of lithium ion battery material

Mitsubishi Chemical Corp will boost its production capacity of liquid solution used in making lithium ion batteries at its factory in central Japan from February 2012.
Investing about 1 billion yen at its plant in Mie Prefecture, the company said it will increase its annual production capacity of electrolysis solution to 13,500 tons from the current 8,500 tons in a bid to meet the growing demand for lithium ion batteries used in products such as mobile phones, laptop computers and hybrid vehicles.

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