Business Integration of Toyo Aluminium and UACJ Foil / To Capture Demand in the Lithium-ion Battery (LIB) Market / Domestic Aluminum Foil Market Consolidated to 2 Corporate Groups

摘要

Major domestic aluminum foil companies Toyo Aluminium and UACJ Foil, which currently belong to different corporate groups, have decided to integrate their businesses. The aim for this business integration is to concentrate their business resources on battery materials and to also compete with imported foils made in China.