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Furukawa Electric Plans 50% Boost in Capacity for Copper Foil for Li-ion Batteries

24 November 2008

Nikkei. Furukawa Electric Co., which controls 55% of the global market for copper foil used in batteries, plans to build a new copper foil factory to boost production capacity for foil used in lithium ion batteries by 50%.

The new facility, targeted to come online in September 2010, will be running at full capacity by the summer of 2012.

Furukawa Electric projects that automotive-use lithium ion batteries will go mainstream around 2010 and intends to supply a third of the total output for the auto industry.

Copper foil is used for anode current collectors in Li-ion cells. Furukawa currently supplies Sanyo Electric, Panasonic and Sony.

November 24, 2008 in Brief | Permalink | Comments (0) | TrackBack (0)

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