Neogen to Acquire Electrolytes Manufacturing Technology from Japanese Firm

Neogen Chemicals has today signed an agreement with MU Ionic Solutions Corporation, Japan to step up its manufacturing capabilities. Neogen claims to be one of India’s leading manufacturers of Bromine-based and Lithium-based specialty chemicals.

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As per the terms of the agreement, Neogen will obtain the license from MUIS for proprietary and confidential manufacturing technology for making its electrolyte solutions at its manufacturing facility in India with a planned max installed capacity of upto 30,000 MT per annum. These electrolytes will be targeted by the Indian firm to meet the growing demand of lithium-ion cell manufacturers in India.

MU Ionic Solutions (MUIS) is a JV between Mitsubishi Chemical Corporation (MCC) and UBE Corporation and is a group company of The Mitsubishi Chemical Group (the group) a Japanese conglomerate. The group is one of the global leaders in electrolytes used in lithium-ion batteries and has 5 electrolyte manufacturing plants located in Japan, USA, UK and China.

The agreement will allow Neogen to ensure that the manufacturing plant meets stringent global standards for quality, reliability, safety and efficiency for electrolytes production. It will also help Neogen to greatly reduce approval times with Lithium Ion Battery makers.

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Neogen said that its honoured to be a recipient of this first-ever license issued by MUIS the part of MCC of electrolyte manufacturing technology anywhere in the world.

Dr. Harin Kanani, Managing Director at Neogen Chemicals, said, “The group’s three-decade long electrolyte manufacturing experience will be extremely beneficial for Neogen to build a robust global quality and safety standards approved electrolyte plant in India. With this arrangement, we will be the first Indian company to have a proven global technology, to manufacture electrolytes at scale for lithium-ion batteries. This will allow us to further enhance confidence of Indian customers.”