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SK Energy Teams Up with Aekyung Petrochemical for Electric Vehicle Battery Materials Contents
title SK Energy Teams Up with Aekyung Petrochemical for Electric Vehicle Battery Materials
attachment date 2010-12-13 count 13803
SK Energy Teams Up with Aekyung Petrochemical for Electric Vehicle Battery Materials



- Forms partnership with Aekyung Petrochemical Co. LTD. to jointly develop battery negative electrode material for electric vehicles
- Expected to contribute to local production of the key component which remains dependent on imports
- Presents a win-win model for cooperation between big corporations and SMEs in the battery business area

SK Energy (President & CEO: Ja-Young Koo) is set to establish a win-win cooperation model between big corporations and small and medium-sized enterprises (SMEs), as well as accelerate efforts to localize production of core battery material for electric vehicles through partnership with Aekyung Petrochemical. This move comes after its recent success in developing LiBS (Lithium-ion Battery Separator) with the partner.

Flanked by officials of the two companies, Dong-Sup Kim, Director of SK Institute of Technology and Jung-Gon Kim, Head of Aekyung Petrochemical R&D Center signed a memorandum of understanding (MOU) at a recent signing ceremony, agreeing to cooperate in development of battery cathode material for electric cars.

Under the arrangement, SK Energy will apply negative electrode material being developed by Aekyung in its electric car batteries and test commercial adoption of the key material. By building a joint R&D system, the two companies plan to localize negative electrode material, which is core components used for electric car batteries.

Negative electrode material is one of four critical components used for rechargeable batteries along with anode, separators and electrolyte. It is produced through mixture of graphite and hard carbon. Especially, the hard carbon business sets a high technological barrier, and only Japanese makers have succeeded in manufacturing the most critical component for electric car batteries. With the MOU, SK Energy and Aekyung Petrochemical will join forces to local production of hard carbon in Korea.

“We are confident about success of the partnership in commercializing hard carbon, since we tested Aekyung’s negative electrode material (hard carbon) and found out its performance is similar to or even better than imported materials,” said an official at SK Energy. “We expect the local negative electrode material will ease Korea’s dependency on imported car battery materials and significantly reinforce price competitiveness of Korea-made batteries.”

In 2005, SK succeeded in developing LiBS and localized lithium-ion battery material for the first time. It plans to expand local production of core battery materials through the latest partnership.

The strategic partnership marks the first successful cooperation between a big corporation and an SME in development and commercialization of battery components for electric vehicles. It is regarded as the best practice that presents a win-win cooperation model in Korea. In the past, many attempts were made to develop local cathode materials used for IT batteries. But few of them bore fruit due to the lack of proper technology and interest in the local battery industry.

“Although negative electrode material is a core component used for electric car batteries, localization has been slow,” said Joon-Soo Lee, General Manager of Battery Business Development, at the signing ceremony held on the day. “But I believe that the partnership between SK and Aekyung will contribute to not only local production of core parts for electric vehicle batteries but also making electric car batteries a new growth engine for the Korean economy.”

“Cooperation with SK will enable us to further move up the schedule for commercial adoption of the technology,” said Jung-Gon Kim, head of Aekyung Petrochemical R&D center.

In late 2009, SK Energy was selected as a battery supplier to hybrid commercial vehicles of Japan’s Mitsubishi Fuso and it is supplying batteries to the nation’s first pure high speed electric vehicle “Blue On.” It is now building a new battery manufacturing facility in Seosan Industrial Complex to start production by 2012.


하단 텍스트 참조

[Dong-Sup Kim, Director of SK Institute of Technology and Jung-Gon Kim, Head of Aekyung Petrochemical R&D Center signed MOU for cooperate in development of battery cathode material for electric cars.]

하단 텍스트 참조

[Dong-Sup Kim, Director of SK Institute of Technology and Jung-Gon Kim, Head of Aekyung Petrochemical R&D Center signed MOU for cooperate in development of battery cathode material for electric cars.]

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