July 11, 2008

TonenGeneral Group to Build Battery Film Plant in S. Korea

Tokyo, July 11 (Jiji Press)--Japanese oil distributor TonenGeneral Sekiyu K.K. and fully owned unit Tonen Chemical Corp. are set to build a plant for battery separator films in South Korea.

The two firms have agreed with the South Korean government on the construction of the plant in the city of Gumi in Gyeongsang Province, TonenGeneral Sekiyu said Friday.

The size of investment and the timing of the plant's operational launch have not been decided yet, it said.

The films are a key part of lithium-ion batteries, which are used for such products as notebook personal computers and mobile phone handsets.

Demand for the films is expected to increase for use in batteries for hybrid and electric vehicles, TonenGeneral Sekiyu said.END

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