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Panax to double electrolyte output within three years with second plant

Wed, 09/25/2019 - 14:51 -- Paul Crompton

Korean firm Panax Etec has finished building its second lithium-ion electrolyte manufacturing plant in Tianjin, China, according to Korean media.

The company plans to produce around 10,000 tons of electrolyte at the new plant by 2021 to take advantage of ‘Europe’s growing secondary battery market’.

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