Production increases at the Mitsubishi Chemical's facility in Kagawa Prefecture, Japan, should enable the company to keep up with the anticipated rising demand for li-ion battery materials. Mitsubishi Chemical currently controls 20 percent of the global market for anode materials, but hopes to capture at least a 35 percent share within five years. The company's work with li-ion battery technology includes anodes as well as cathode materials, separators and electrolytes. However, Mitsubishi Chemical did not announce plans to increase production of these additional li-ion components. Mitsubishi Chemical's rapid response to a possible battery materials shortage shows us that the industry can swiftly react to increases in demand.
[Source: Green Car Congress]