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Released October 15, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Sumitomo Metal Mining Company Limited (Tokyo, Japan) has decided to expand the production capacity of cathode materials for secondary batteries for electric vehicles.
The new plant will be established in the Besshi area (Niihama City, Ehime Prefecture, Japan) and the production capacity at the Harima Refinery (Harima-cho, Hyogo Prefecture) will simultaneously be expanded.
It is planned that the overall capital expenditures for both sites will be at 47 billion yen (US$413 million) and that construction will be completed in 2025.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
The new plant will be established in the Besshi area (Niihama City, Ehime Prefecture, Japan) and the production capacity at the Harima Refinery (Harima-cho, Hyogo Prefecture) will simultaneously be expanded.
It is planned that the overall capital expenditures for both sites will be at 47 billion yen (US$413 million) and that construction will be completed in 2025.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
