Sep 24, 2021 08:13 AM (GMT+8) · EqualOcean
Financial Associated Press, September 24 - polypore international, LP (polypore) and Shanghai Enjie New Material Technology Co., Ltd. (Enjie) reached an agreement through their respective subsidiaries in January 2021 to establish a joint venture in China to produce lithium-ion battery dry process diaphragm. The necessary regulatory approval procedures for the joint venture have been completed and have been established in Gao'an City, Jiangxi Province, known as Jiangxi Enbo new materials Co., Ltd. The enterprise plans to start production in 2022, and the production capacity is planned to be 100 million square meters per year. In the joint venture, PPO energy storage materials HK Ltd. accounts for 49% and Enjie 51%.