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SK Innovation to build EUR-335m EV battery separators plant in Poland

EV charging. Author: NCDOTcommunications.

March 27 (Renewables Now) - South Korea’s SK Innovation Co Ltd (KRX:096770) announced on Wednesday plans to build a new production plant for separators used in electric vehicle (EV) batteries in Poland’s Silesia Province.

The separator plant will be constructed on a 270,000-square-metre (2.9 million sq ft) site for an investment of EUR 335 million (USD 377.9m). It will have four production units for Lithium-ion battery separators (LiBS) and three units for ceramic coated separators (CCS).

The groundbreaking is expected to take place in the third quarter of 2019, while mass production is planned to begin in the third quarter of 2021. SK Innovation estimates that the annual capacity of the plant will be 340 million sq m of LiBS and 130 million sq m of CCS.

Currently, the company’s plant in the South Korean county of Jeungpyeong produces 360 million sq m of LiBS annually. Once in operation, the Polish plant and another one in the works in China will increase the annual capacity to 1.2 billion sq m, SK Innovation said.

The news on the Polish separator plant follows the South Korean company’s recent announcement that it will build a second EV battery plant in Hungary. In late February, SK innovations unveiled plans to strengthen its presence in the European EV market with a USD-859-million investment in the second battery production facility in the Hungarian city of Komarom while the first one was still under construction.

(EUR 1.0 = USD 1.13)

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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