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SK Innovation to spin off battery business and E&P business

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SK Innovation has decided to spin off its battery production and exploration & production (E&P) business as independent companies. SK Innovation’s EV battery plant located in Seosan, South Korea. The SK Battery Co., The SK E&P Co., Earlier post.).

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Samsung SDI completes EV battery plant construction in Hungary; global production tripod

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Samsung SDI has completed construction of its electric vehicle (EV) battery plant in Hungary. Sitting on a 330,000 m 2 site in Goed, the plant is capable of producing batteries for 50,000 electric vehicles annually with operations expected to begin in the second quarter of next year.

Hungary 170
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Mercedes-Benz expands battery supply partnership with CATL and new €7.34B battery plant in Hungary

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Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules by expanding its battery supply relationship with CATL through CATL’s newly announced battery plant in Debrecen, Hungary. Robin Zeng, founder and Chairman of CATL.

Hungary 195
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation.

Hungary 334
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Toyocolor to supply SK Innovation with Lioaccum conductive CNT dispersions for Li-ion cathodes

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the colorants and functional materials division of Japan’s Toyo Ink Group, will supply the North American and European operations of SK Innovation, a South Korean lithium-ion (li-ion) battery manufacturer, with Toyocolor’s Lioaccum series of conductive carbon nanotube (CNT) dispersions. Toyocolor Co.,

Li-ion 397
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Toray, LG Chem to establish battery separator film joint venture in Hungary

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Toray Industries and LG Chem have agreed to form a battery separator film joint venture in Hungary. LG Chem will invest US$375 million (around ¥43 billion) in Toray Industries Hungary Kft. LTHS will license from LG Chem and Toray the technologies necessary to produce separators for LG Group lithium-ion batteries.

Hungary 186
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Samsung SDI building Li-ion battery plant in Hungary; global triangular production structure

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Samsung SDI has decided to use Hungary as its Li-ion battery production base in Europe. The new battery plant will be built in Goed, north of Budapest in a 330,000 m 2 site, using existing facilities previously used for display production. —Executive Vice President Jeong SehWoong.

Hungary 150