Ube follows customers' lead

摘要

UBE Industries is following its battery-manufacturer customers as they enter the Chinese market,a company source told ACN.The source said Ube was building a plant in Wuxi,Jiangsu province,China,that would produce electrolytes for use in rechargeable lithium-ion batteries.He declined to reveal the capacity or investment cost of the plant,saying these details were confidential.The plant,he said,could start up sometime this year,but the actual date would depend on the strength of demand for the product.