SK Innovation will invest US$378 million (335 mln euro) in Poland to build a Li-ion battery separator (LiBS) plant.
SK Innovation announced on March 27 that it will expand investment to accelerate the growth of its materials business, which is to be spun off on April 1.
The plant will be built on a site of 340 million square meters in Wojewodztwo Slaskie in Poland.It is as large as SK Innovation’s plant in Changzhou, China. The company will break ground for the plant in the third quarter of this year and start mass production at the company in the third quarter of 2021.
At least 300 people should be employed in the production of separators.
As the expansion of the Jeungpyeong plant in Korea is underway, when the plants in China and Poland are completed, SK Innovation’s total annual production of LiBS will swell to about 1.2 billion square meters.