On October 19th, 2016, SEMCORP engaged in a cooperation agreement with Zhuhai Gaolan Economic Development Zone to construct a gigafactory for Lithium-Ion Battery separators. The investment, totaling $300M, will be completed in two phases. Phase I will include 7 separator lines which will be commissioned by June, 2017.
As one of the largest separator manufacturers, SEMCORP will occupy 45 acres in Zhuhai. Phase I investment will reach $200M, including 7 separator lines. Phase II will include 3 to 6 separator lines as well as 29 coating lines.