SDK Group Expanded Production Lines for LIB Packaging Laminates - The Group Is Ready to Respond to the Expansion of LIB Market - Tokyo, July 8, 2014 - (JCN Newswire) - Showa Denko Packaging Co., Ltd., a subsidiary of Showa Denko K.K. (SDK), completed the expansion work of its production capacity for aluminum laminated films used for packaging lithium ion batteries (LIBs) at its Hikone Plant in Shiga Prefecture, and started mass production with the expanded lines in this July. Showa Denko Packaging is offering its aluminum laminated film - a composite material of resin film and aluminum foil - for packaging LIBs. Compared with metallic LIBs (either cylindrical type or prism type), aluminum-laminated-film-based pouch type LIBs provide higher flexibility in molding, lighter weight, and better heat dissipation. The market for aluminum laminated films used for LIB packaging is expected to amount to about 25 billion yen in 2015, twice the scale of market in 2012. Specifically, demand for small LIBs is growing due to the growth of smart devices such as smartphones and tablets. Demand for large LIBs is also expected to grow due to the progress in the electrification of cars, typically represented by hybrid or electric cars' increasing share. As a result of this expansion work, Showa Denko Packaging's production capacity for aluminum laminated films has been increased to be 3 times as much as that in 2010. The Showa Denko Group classifies LIB materials business into the "New Growth" category of its business portfolio specified in the ongoing medium term consolidated business plan "PEGASUS Phase II". Thus, in the market for aluminum laminated films used for LIB, the Group will work to maintain its leading market share and further improve the product quality, and will aim to ensure stable supply of its products to meet the growing demand for LIBs. About Showa Denko Showa Denko K.K. ('SDK'; TSE: 4004, US: SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. SDK makes petrochemicals (ethylene, propylene), aluminum products (ingots, rods), electronic equipment (hard disks for computers) and inorganic materials (ceramics, carbons). The company has overseas operations and a joint venture with Netherlands-based Montell and Nippon Petrochemicals to make and market polypropylenes. In March 2001, SDK merged with Showa Denko Aluminum Corporation to strengthen the high-value-added fabricated aluminum products operations, and is today developing next-generation optical communications-use wafers. For more information, please visit www.sdk.co.jp . Contact: Showa Denko K.K. (SDK) Public Relations Office Phone: +81-3-5470-3235 Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net Provider ID: 00029529
SDK Group Expanded Production Lines for LIB Packaging Laminates
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