Neogen Chemicals, a specialty chemicals manufacturer in India, has signed a technology license agreement with Japan’s MU Ionic Solutions (MUIS), for the manufacturing of electrolytes used in lithium-ion batteries.
MU Ionic Solutions is a JV between Mitsubishi Chemical Corp. (MCC) and UBE Corp. and is a group company of The Mitsubishi Chemical Group, a Japanese conglomerate. The group is one of the global leaders in electrolytes used in lithium-ion batteries with a strong track record of 30 years and has five electrolyte manufacturing plants located in Japan, the USA, the UK, and China.
As per the terms of the agreement, Neogen will obtain the license to MUIS’ proprietary and confidential manufacturing technology, for making electrolyte solutions at its manufacturing facility in India. Neogen facility will have a planned installed capacity of up to 30,000 MT per annum. These electrolytes will be targeted by Neogen to meet the growing demand of lithium-ion cell manufacturers in India.
The agreement will allow Neogen to ensure that the manufacturing plant meets stringent global standards for quality, reliability, safety and efficiency for electrolyte production. It will also help Neogen greatly reduce approval times with lithium-ion battery makers.
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