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TOKYO, Oct 16, 2013 - (ACN Newswire) - Showa Denko (SDK) (TOKYO: 4004) has completed a new plant in Nantong City, Jiangsu Province, China, for producing high-purity aluminum foil for electrolytic capacitors. A completion ceremony was held at the site on October 11. Showa Denko Aluminum (Nantong) Co., Ltd., SDK's subsidiary established in November 2011, will begin commercial production at the new plant by the end of this month.
Unlike aluminum foil for food packaging, the production of capacitor-grade aluminum foil is based on high-purity aluminum metal refined to 99.9% or more. SDK's Sakai Plant, in Osaka Prefecture, Japan, is an integrated high-purity aluminum foil production site, covering all stages from refinement of aluminum metal to rolling and finishing. The new plant in Nantong City will process rolled foil supplied from the Sakai Plant into finished product, providing high-purity aluminum foil to customers in all parts of China in a timely manner.
Aluminum electrolytic capacitors are used in wide areas, including electric appliances, IT devices, electric vehicles, hybrid cars, and equipment for solar/wind power generation.
Demand for aluminum electrolytic capacitors is growing in emerging markets, with annual growth rates estimated at about 10% through 2015. In particular, a rapid growth is expected in China for such applications as environment-friendly cars and power conditioners for solar power generation.
The Showa Denko Group will aim to expand the business in Japan and the Asian market, centering on China, by ensuring stable supply of high-quality, high-purity aluminum foil.
About Showa Denko Aluminum (Nantong) Co., Ltd.
Location: Nantong Economic & Technology Development Area, Jiangsu Province, China
Establishment: November 25, 2011
Capital stock: JPY 1.5 billion
Ownership: Owned 100% by SDK
Representatives:
Chairman: Motohide Ono
Director & General Manager: Seikichi Manaka
Scope of business: Production and sale of high-purity aluminum foil for electrolytic capacitors.
Contact:
Showa Denko (SDK)
Public Relations Office
Tel: +81-3-5470-3235
Topic: Construction of Facility
Source: Showa Denko K.K.
Sectors: Daily Finance, Chemicals, Spec.Chem, Science & Nanotech
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From the Asia Corporate News Network
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