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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