Article: ExxonMobil Affiliate and Toray Industries Agree to Form Global Battery Separator Film Joint Venture.(Industry overview)

HOUSTON -- ExxonMobil Chemical's affiliate TonenGeneral and Toray Industries have agreed to establish a global joint venture for the battery separator film business. It will develop, manufacture and sell lithium ion battery (LIB) separator film and introduce next-generation films to the market.

The joint venture will combine Toray's plastic film processing and polymer science capabilities with Tonen's existing lithium ion battery separator film business and technology. It will build on ExxonMobil's more than 20 years of experience and success in providing separator films, including for use in the personal electronics market, as well as support the development of ...

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