MT Carbon Steps up Marketing of Lithium Ion Battery Raw Material

MT Carbon Steps up Marketing of Lithium Ion Battery Raw Materials 
Targets Expansion of Clean Energy 
Tokyo, July 29, 2013 - (JCN Newswire) -  MT Carbon Co., Ltd. (MTC) is pleased
to announce that its production plant (Production Line 1) in Fukuoka, Japan
started operations in April this year. Production Line 1 has now stepped up
marketing activities, a major step as MTC moves closer towards the actual
implementation of commercial activities at the facility. MTC is a fifty-fifty
joint venture between Mitsubishi Corporation (MC) and Toda Kogyo Corporation
(Toda), a major manufacturer of carbon materials for cathodes used in the
manufacture of lithium ion batteries (LIB). 
Given its increasing use in automotive applications and in a number of
high-tech consumer products such as smart phones, tablet computers, and other
mobile devices as well as in electricity storage/stationary equipment, the
market for LIB is expected to see continued growth in the coming years. The
market for anode materials is expected to expand by an approx. average 10%
annually. 
While Toda possesses independent pulverizing techniques that enable the
optimization of the surface shape and internal structure of the powder, MC
complements the partnership with strengths such as its global marketing network
and its established presence in the carbon raw materials supply chain.
Leveraging their collective expertise, MC and Toda have been working in
collaboration to develop anode materials for use in the manufacture of LIB
since 2011, subsequently establishing MTC in March 2012. MTC itself has
achieved a notable measure of success in the development of synthetic graphite
products, which led to the launch of Production Line 1, and its full entry into
the market. Products developed by MTC also have a reputation for longevity of
battery life duration and are recognized as being highly suited for use in low
temperature environments. 
MTC is now focused on ramping up sales with a targeted volume of 2,000 tons of
anode materials per year (approximately 5% of current annual global demand) in
the early stages of production. 
What are carbon anodes? 
Along with cathodes, electrolytes and separators, anodes (also referred to as
negatively-charged electrodes), are a main component used in the manufacture of
lithium ion batteries. Anodes are typically produced from carbon materials
including synthetic graphite. 
Reference Information-Company Outlines 
1. Mitsubishi Corporation
(1) Headquarters:3-1-2 Marunouchi, Chiyoda-ku, Tokyo, Japan
(2) Established:April 1954
(3) Business Activities:MC has six business groups which develop operation in
the diverse field of Industrial finance, Logistics & Development; Energy;
Metals; Machinery; Chemicals; and Living Essentials. In addition to these
business groups, MC has recently established its business service group and
Global Environment & Infrastructure business.
(4) Representative:Ken Kobayashi, President and CEO 
2. Toda Kogyo Corporation
(1) Headquarters:1-4 Meiji Shingai, Otake, Hiroshima, Japan
(2) Established:November 1933
(3) Business Activities:Manufacturing and sale of functional pigments,
electronic materials and the provision of environmental engineering solutions
(research, development and manufacture of lithium ion battery cathode
materials, i.e. lithium and metallic compounds)
(4) Representative:Tadashi Kubota, President 
3. MT Carbon Co., Ltd.
(1) Headquarters:3-1-2 Marunouchi, Chiyoda-ku, Tokyo, Japan
(2) Established:March 2012
(3) Business Activities:Production and development of carbon materials used in
the manufacture of lithium ion batteries. (Production Line 1 facilities are set
up on premises belonging to MC affiliate SG Chemicals Co., Ltd. in Omuta City,
Fukuoka Prefecture, Japan for the manufacture of carbon materials used in the
manufacture of lithium ion batteries. SG Chemicals manufactures calcined
petroleum coke with thermal treatment at 1,300 to 1,400 degree Celcius).
(4) Representatives:Akio Sakamoto, Co-CEO Ryo Kurokawa, Co-CEO 
About Mitsubishi Corporation 
Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business
enterprise that develops and operates businesses across virtually every
industry including industrial finance, energy, metals, machinery, chemicals,
foods, and environmental business. MC's current activities are expanding
far beyond its traditional trading operations as its diverse business ranges
from natural resources development to investment in retail business,
infrastructure, financial products and manufacturing of industrial goods. With
over 200 bases of operations in approximately 80 countries worldwide and a
network of over 500 group companies, MC employs a multinational workforce of
nearly 60,000 people. For more information, please visit www.mitsubishicorp.com. 
Contact: 
Contact: Mitsubishi Corporation
Telephone: +81-3-3210-2171
Facsimile: +81-3-5252-7705 
Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net 
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