Tokyo (ANTARA News/Asia Pulse) - Japan's Nihon Kagaku Sangyo Co. (TSE:4094) is making plans to begin mass production of lithium ion battery materials for automobiles.

The midsize chemical manufacturer has improved lithium nickel oxide, which is used as a positive electrode material in mobile phone batteries, and is also developing a material that combines nickel, cobalt and manganese. It recently began shipping samples of both to battery makers for use in vehicle batteries.

Nihon Kagaku has also purchased land for a new plant in Fukushima Prefecture. Production scale and start time have yet to be determined, but plans are to be solidified by the first half of fiscal 2010.


Source:
Business in Asia Today - March.2, 2010
published by Asia Pulse

Editor: Ricka

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