SKC will strive for the world's largest copper foil production capacity in 2025
Release Date: 2021-11-03   |   Concen: 287

Additional overseas investment from Europe and the United States. By 2025, it is planned to expand the production capacity to 250000 tons;

● for the construction of European factories, Poland is considered as a candidate first, and 50000 tons are planned to be added in 2024.

Sk nexilis, a copper foil manufacturing company under SKC, recently announced at the Council that it would build a copper foil factory for secondary batteries with an annual output of 50000 tons in Europe, and determined the plan of continuous investment in the future. By 2025, it is expected to expand the total production capacity to more than 200000 tons.

SKC (representative director Li Wanzai) plans to expand the production capacity of copper foil, the core material of battery for electric vehicles, to more than 200000 tons by 2025. SKC first considers additional investment in Europe and the United States, where there are many rechargeable battery customers. The goal is to determine the specific areas of Europe to enter this year and start construction. Copper foil products manufactured by sk nexilis

Poland is the first consideration in Europe. Sk nexilis will determine the specific region after negotiating the investment conditions with the Polish government as soon as possible. Poland is a place with strong customer convenience. There are four major global rechargeable battery manufacturers in Poland and neighboring countries. Compared with SKC Malaysia factory, it can ensure more land and stronger expansibility.

In particular, the European region can provide large-scale renewable energy for the manufacture of copper foil, so as to fully fulfill re100. SKC has said that it will perform re100 in Malaysia, including the follow-up investment of the plant under construction. If European factories fully implement re100, the overall re100 implementation level of SKC copper foil industry will rise to 70%.

Annual (year) 2021 2022 2023 2024 2025 production capacity (10000 tons) 4.3 5.2 10.2 15.2 20.2

Sk nexilis global copper foil production scale forecast

After determining the investment area, SK nexilis will immediately start preliminary preparations such as design and licensing. The target is to start construction this year and complete it in 2024. After completion, the production capacity of SKC copper foil will reach 152000 tons. Sk nexilis Jingyi factory

Sk nexilis pushed forward the expansion rapidly because the market demand growth was faster than expected. According to SNE research, by 2025, the average annual growth of electric vehicle battery market will reach 38%. In this regard, SK nexilis Korea Jingyi factory has started full-time production since last year. In order to expand supply, the commercial operation of the fifth factory, which was originally scheduled to start early next year, was also about half a year ahead of schedule. The sixth plant under construction also plans to operate commercially in advance. In the aerial view of SK nexilis Jingyi factory, the grey buildings are factory 5 and factory 6

SKC related person said: "sk nexilis is highly competitive in the manufacturing technology of copper foil for battery. By 2025, it plans to expand its production capacity to more than 200000 tons and strive to become the No.1 in the world in terms of technology and production capacity", "and on this basis, it plans to add 50000 tons of production capacity and build a 250000 tons system by 2025."

*SKC, or aiskaixi, is a subsidiary of SK group, one of the three major multinational enterprises in South Korea. Founded in 1976, SKC is the first enterprise in South Korea to develop and manufacture products in the fields of film, chemistry and materials. SKC products involve thin films, petrochemicals, semiconductors, display screens, etc. it is a professional material company in the field of economic expansion and continues to create value. At the same time, it is also one of the well-known global manufacturers.

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