Nippon Shokubai to Construct New Plant in Fukuoka Prefecture

MT Newswires Live

Sep 12, 2024

Nippon Shokubai (TYO:4114) is constructing a new plant in Fukuoka Prefecture to produce LiFSI, an electrolyte for lithium-ion batteries, with operations set to begin by 2028, according to its Thursday filing.

The project, adopted by the Ministry of Economy, Trade, and Industry, is part of a plan to ensure a stable battery supply and involves an investment of up to 37.5 billion yen, including a 12.5 billion yen subsidy.

The plant will have an annual production capacity of 3,000 tons of LiFSI, sufficient for lithium-ion batteries with a capacity of 21.4 GWh, equivalent to 210,000 electric vehicles.

Nippon Shokubai's shares gained over 1.4% at market close.

Price (JPY): $1705.50, Change: $+24, Percent Change: +1.43%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2466627816"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2466627816\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2466627816?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-12 19:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2466627816","market":"nz","top_or_hot":-1,"title":"Nippon Shokubai to Construct New Plant in Fukuoka Prefecture","media":"MT Newswires Live","content":"<html><body><p>Nippon Shokubai to Construct New Plant in Fukuoka Prefecture</p><p> Nippon Shokubai (TYO:4114) is constructing a new plant in Fukuoka Prefecture to produce LiFSI, an electrolyte for lithium-ion batteries, with operations set to begin by 2028, according to its Thursday filing.</p><p>The project, adopted by the Ministry of Economy, Trade, and Industry, is part of a plan to ensure a stable battery supply and involves an investment of up to 37.5 billion yen, including a 12.5 billion yen subsidy.</p><p>The plant will have an annual production capacity of 3,000 tons of LiFSI, sufficient for lithium-ion batteries with a capacity of 21.4 GWh, equivalent to 210,000 electric vehicles.</p><p>Nippon Shokubai's shares gained over 1.4% at market close.</p><p>Price (JPY): $1705.50, Change: $+24, Percent Change: +1.43%</p></body></html>","source":"mtnewswires_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nippon Shokubai to Construct New Plant in Fukuoka Prefecture</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNippon Shokubai to Construct New Plant in Fukuoka Prefecture\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-12 19:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nippon Shokubai to Construct New Plant in Fukuoka Prefecture Nippon Shokubai (TYO:4114) is constructing a new plant in Fukuoka Prefecture to produce LiFSI, an electrolyte for lithium-ion batteries, ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLS.AU","symbol_name":"PLS Group Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2466627816","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466627816","pubTimestamp":1726138963,"columns":[],"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Nippon Shokubai to Construct New Plant in Fukuoka Prefecture Nippon Shokubai (TYO:4114) is construct","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PLS.AU":"PLS Group Ltd","TYO":"3倍做空7-10年期国债ETF-Direxion"},"translate_title":"日本触媒将在福冈县建设新工厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLS.AU":1,"TYO":1},"content_text":"Nippon Shokubai to Construct New Plant in Fukuoka Prefecture Nippon Shokubai (TYO:4114) is constructing a new plant in Fukuoka Prefecture to produce LiFSI, an electrolyte for lithium-ion batteries, with operations set to begin by 2028, according to its Thursday filing.The project, adopted by the Ministry of Economy, Trade, and Industry, is part of a plan to ensure a stable battery supply and involves an investment of up to 37.5 billion yen, including a 12.5 billion yen subsidy.The plant will have an annual production capacity of 3,000 tons of LiFSI, sufficient for lithium-ion batteries with a capacity of 21.4 GWh, equivalent to 210,000 electric vehicles.Nippon Shokubai's shares gained over 1.4% at market close.Price (JPY): $1705.50, Change: $+24, Percent Change: +1.43%","kind":"live","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}