Semcorp plans to speculate $916 million in a producing plant in Sidney, Ohio.
Semcorp, a Shanghai-based producer of electrical automobile battery elements, plans to speculate $916 million in a producing plant in Sidney, Ohio, the corporate mentioned Thursday.
The facility will make separator movie for lithium-ion batteries. Semcorp, the commerce identify of Yunnan Energy New Material Co, mentioned it’s the world’s largest maker of separator movie, a key element in batteries.
The firm mentioned the Ohio plant will make use of almost 1,200. It didn’t present a timeline for building or manufacturing.
Sidney is situated in western Ohio, about 35 miles north of Dayton.
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With inputs from NDTV
