Mitsubishi Chemical Holdings Group Investors Meeting
December 9, 2008 Yoshimitsu Kobayashi, President Mitsubishi Chemical Holdings Corporation 1
The forward-looking statements are based largely on information available as of the date hereof, and are subject to risks and uncertainties which may be beyond company control. Actual results could differ largely, due to numerous factors, including but not limited to the following: Group companies execute businesses in many different fields, such as petrochemicals, carbon and inorganic products, information and electronics, pharmaceuticals, polymers and processed products, and these business results are subjected to influences of world demands, exchange rates, price and procurement volume of crude oil and naphtha, trend of market price, speed in technology innovation, National Health Insurance price revision, product liabilities, lawsuits, laws and regulations.
2
2
Agenda APTSIS 10 Current Status Business Topics Carbon Business Li-ion Battery Materials Business
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3
APTSIS 10 Current Status Business Environment Acceleration of Restructuring Petrochemical Businesses Next-generation Growth Business White LED Project
4
Business Environment APTSIS 10 assumptions (May 13, 2008)
Variables
Economic condition
Naphtha price
Economic downturn
68,000 yen/kl
Current status (December 2008) Global negative growth (’09-’10) No longer decoupling Weighted average of imported naphtha 4Q: 53,000 yen/kl (19,000 yen/kl*) * Referring spot price as of Dec.5
FOREX
105 yen/US dollar
92 yen/US dollar (as of Dec. 5)
Intensifying competition in advanced materials
Identify seven next-generation growth businesses
Prioritization
Drug price revision in Japan
Every other year
Every other year
Supply volume increase from the Middle East
• Excess supply • Global economic growth rate of 4.4%
• Excess supply • Further damage caused by recession • Global economic growth rate of 2.8% or lower
5
Turning point 5
Business Portfolio: Current Status (December) *Today’s topics
Next-generation Growth Businesses
Existing Growth Businesses
e.g. Pharmaceuticals Food Ingredients White LED* Recording media Li-ion battery materials for HEVs* Chemical components for automobiles Performance polymers Sustainable resources High performance graphite* Next-generation displays Organic photovoltaic modules Personalized medicine
High performance polyester films Electronic device components C4 chemicals* Polypropylene Polycarbonate and bisphenol-A*
Businesses to be Restructured Stable Businesses e.g.
Blast furnace coke*
Terephthalic acid* Olefins and aromatics* 6
6
Business Environment of Petrochemicals Recognition on upcoming business environment Global economic growth rate is 2.8%/yr or lower (Further oversupply of price competitive Middle Eastern products) A sharp demand drop in automobile and IT industries
2010 - 2011 Global ethylene operation rate of 80% Recognition on upcoming impact on Asian suppliers C2 derivatives: Operation rate 50 - 60% •Commodity products are dominated by middle eastern products
C3 derivatives: Operation rate 80 - 85% •Compete by delivering high value-added products
C4 derivatives: High value- added products are practically competitive
Can compete in C3/C4 derivatives market Tough to compete in C2 derivatives market 7
7
Global Ethylene Supply/Demand Balance APTSIS 10
Million ton
百万トン200
95
能 力 Capacity
Ethylene operation rate expected w/ global expected growth rate of 4.4%
百万ﾄﾝ
180
需 要 Demand 稼働率
Operation rate
160
90
89
140 120
95 % ％
85
100
Ethylene operation rate expected w/global economical growth rate of 2.8%
85
83 82
80
80
60
80
Assumed operation rate based on current economical downturn
40 20
75
0 1999 8
2002
2005
2008
2011
実績
見通
Source: Demand forecast by METI (as of May 28, 2008) & Internal forecast
8
Measures for C2 Derivatives Accelerate the following items during APTSIS 10 Withdraw weak C2 businesses ¾ Raising profitability approx. by 10 billion yen
Strengthen the foundation of polyethylene business ¾ Consolidating production facilities & shifting to higher value-added products
Optimize & reduce utility facilities ¾ Reducing number of boilers & improving fuel conversion ( improve approx. 10 billion yen) ¾ Sharing utilities in petrochemical complexes through partnership & cooperation
Asset lean ¾ FY2010 target is approx. 200 billion yen reduction • Reduce inventories • Reduce common facilities, etc. • Transfer shares • Business withdrawals : ABS, α-olefin, etc. 9
9
Timeline on Restructuring of Petrochemical Complexes FY2008 Linear alkylbenzene Acrylonitrile Melamine Acrylic acid, acrylic ester Polystyrene Compounds, polyethylene Polyvinyl chloride Styrene monomer
FY2009
FY2011
FY2012
Mar. 2006: Production facility shutdown (surfactant) Apr. 2006: Decrease share in Dia-Nitrix Co., Ltd. (50% to 35%) Mar. 2007: Production facility shutdown Sep. 2007: JV dissolution with Sasol Chemical Industries Limited (South Africa) Mar. 2008: Dissolution decision on HMT Polystyrene Co., Ltd. (Thailand) Apr. 2008: Merger with Advanced Plastics Compounds Company in compounds business; Make Japan Polyethylene Corporation to a consolidated subsidiary of MCC May 2008: PVC production facility shutdown: V-TEC Corporation’s Mizushima Plant Jul. 2008: Dissolution decision of Yuka Seraya Private Limited
■
AO/HA (α-olefin)
FY2010
■
Dealing w/ customers and preparation for shutdown
■Shutdown decision ■Shutdown
■ ■
Ethoxylate
Dealing w/ customers and preparation for shutdown
ABS (Techno Polymer Co., Ltd.) Other C2 derivatives PTA
■ Sale of shares
Shutdown studies and decision making; preparation for shutdown
Restructuring of petrochemical complex & Partnership
Restructuring of each petrochemical complex by partnership
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Building Competitive Business Structure Business expansion with competitive derivatives Domestic Build competitive olefin aroma center High performance PP & PE EO, and BPA
Kashima Complex
Specialize in competitive derivatives High performance PP & PE, Oxo products
Mizushima Complex
Overseas Specialize in high valueadded products for automobiles and others
Specialize in comparatively advantageous businesses
Compounds, films, 1,4-BG, PET, and PBT
PC, C4 chemicals PP & PP compounds
Yokkaichi Plant
Study possibilities of consolidating production facilities to rebuild petrochemical complexes through partnership, etc.
Partnering with the most promising regionally-based company
Partnership (Oil refineries, Petrochemicals)
Accelerate R&D to diversify feedstock from naphtha e.g. 1. Coke oven gas 2. Butene 11 3. C2
Propylene (C1 chemical) Butadiene 1-Hexene 11
Business Topics Existing growth businesses C4 Chemicals Polycarbonate and bisphenol-A Business to be restructured Terephthalic Acid
12
Existing Growth Business
C4 Chemicals
（1,4-BG, PTMG）
Increase market exposure in expanding Asian market Complete No.1 PTMG plant in China as planned (3Q, FY2008) Establish a new ‘butene to butadiene’ process to secure butadiene (Operation confirmed by 200t/yr pilot plant) Supply raw materials for green sustainable plastic, GS Pla* * Copolyester derived from succinic acid and 1,4-BG Creating new butadiene source (butene to butadiene) ** ＊
1,4-BG market and our share
＊
Expanding market share in Asia
300
Strength : Raise production yield of butadiene from naphtha cracker and establish a new butadiene production technology from FCC raw materials Features : Established a practical continuous process, a one-step production of butadiene by dehydrogenation of butene, using proprietary catalyst.
250
8% annual growth rate
200 150
30% share
Naphtha Cracker
100
Asia Market
2027
2025
2026
2024
2023
2022
2021
2020
2018
2019
2017
2016
2015
2014
2013
2012
2011
2010
2009
0
2008
50
2007
million ton/y
350
Butadiene extraction process Isobutylene extraction
Oil Refinery FCC
Butadiene fuel
New Process Butene
fuel
13
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Existing Growth Business
Polycarbonate and Bisphenol-A Targeting high performance market segment in China Combine SINOPEC and Mitsubishi Engineering-Plastics Corporation’s sales channel & our R&D to increase market presence in China. Supply DPC（raw material, diphenyl carbonate）to China from No. 2 polycarbonate production facility (KP2) at the Kurosaki Plant in conjunction with China PJ.
2,500
China China PC market growth forecast PC market growth forceast 15%
2,000
KT/Y
1,500
Optical Extrusion Medical Automotive E/E・OA Miscellaneous PC/ABS Bottle Growth Rate
120% yr on yr
14%
Mid to long term of 8% growth rate Initial forecasted growth rate
7%
115% 110% 105% 100%
dd
1,000
China
KP2 Start: April 2010
China PJ Start : Q2, 2010
KP1
ChinaPJ PJ 中国
溶融法PC
Beijing Yanhua 燕山石化
Melt Process PC20KT 20KT
90% 85%
50KT
500
High Performance 0
80%
2005 2006 2007 2008
China Market Asian share 20%or more
2009 2010 2011 2012 2013 2014 2015
’08 MEP 14 5% Share
PHL / ACT UTT
KP2 Melt Process 溶融法PC PC 60KT 60KT
95%
Generic Commodity
Kurosaki
DPC 100KT
BPA 150KT Supplying Raw material BPA DPC
50KT
Outer 外販 sales
PHL
Melt Process 溶融法PC PC 60KT 60KT
Outer 外販 sales
MEP Share 10% 14
Business to be Restructured
Terephthalic Acid Thorough cost reduction and alliances Regional strategy India, Indonesia, and China： Alliance with regionally-based company to leverage sales and production
Cost competitiveness ¾ Secure profit with 150$/t spread • •
Streamlining, etc. Variable cost reduction
4.5 billion yen （FY2008） 3.0 billion yen （Investment 4 billion yen; within 2yrs recovery period)
¾ Unprofitable production facilities are under review
Management by overseas global head quarters (GHQ) ¾ Manage procurement, sales, and technology ¾ Streamline organization by human resource localization Mitsubishi Chemical
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GHQ Business HQ / Technology HQ
NMC
MCCI
MCPI
(China)
(Indonesia)
(India)
MCC
SNC
(Japan)
(Korea)
Matsuyama
15
CAPEX and Investment & Loan APTSIS 10 resource allocation revised CAPEX and investment & loan ¾ Reduction by prioritization 590 billion yen 430 billion yen （－160 billion yen） Performance Products Health Care Chemicals Others
210 billion yen 75 155 150
150 billion yen 75 100* * ca.70 billion for petrochemical’s 105 safety measures and rationalization
Strategic investment & loan ¾ 250 billion yen （guide line） + α
R&D expenses ¾ Prioritize 425 billion yen
405 billion yen （－20 billion yen）
White LED and Li-ion battery materials will be top priority among the seven next-generation growth business 16
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Seven Next-generation Growth Business Prioritize in white LED and Li-ion battery material for HEVs
White LED
Chemical Components for Automobiles
Li-ion Battery Materials for HEVs
Next-generation Displays
Sustainable Resources
Personalized Medicine
Organic Photovoltaic Modules
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White LED Project LCD backlight
White LED
White LED White LED
Next-generation DVD LED technology Chip technology
Automotive light source
Phosphor technology
1um
Next-generation transistors
Short wavelength laser diodes
Lamp
Gallium nitride (GaN) substrate
Semiconductor materials technology
Total market size in 2010: 1 trillion yen 18
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Business Expansion Flow Materials Parts
Components
GaN Substrate Business
Final Market
Market Size （2015）
Automotive transistor
1 trill. yen
Insulated-gate bipolar transistor (IGBT)
GaN Substrate
Blue & green laser diode
Sale
Self-manufacture
White LED manufacture Device Business White LED Lamp
Chip
White LED
Lighting equipment
2 trill. yen
Back light for LCD Phosphor Business
Phosphors
White LED manufacture
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Material Business
Update on GaN Substrate Vapor deposition method 2” c-plane
Full-scale sales
（production stage） Achieve high output
Surpassing competitor’s
2nd to launch in the market
surface quality
m-plane
World’s 1st to successfully develop nonpolar & semipolar crystal plane
(development stage) m-plane（12 x 20mm）
More efficient than current products
• Mass Production (2009)
Possible to be used for green laser
• Replacing c-plane, aim to lead the market （target 2015）
Collaboration with UCSB (Prof. S. Nakamura’s team) ＜hold wide range of patents＞ 20
20
Material Business
Update on GaN Substrate Liquid phase growth method Developing an ultra low cost manufacturing technology Progress Joint development w/ Prof. S. Nakamura’s team （Ammono-Thermal） MCC’s proprietary production process (Chemical equilibrium method: G-CHEM) ⇒ Currently at a small size crystal formation stage, similar luminescence to vapor deposition method Features and Purpose Bulk production ⇒ Ultra low cost Large diameter ⇒ Driver to expand the next-generation transistor market （e.g. automotive transistor: IGBT) Si→ SiC (silicon carbide) →GaN
Target to lead the market by 2015 through supplying m-plane substrate (ultra high performance), using liquid phase growth method (ultra low cost) 21
21
Material Business
Update on Phosphors Exceeding original sales plan
Activated the market Adopted for LED lighting
Substitute incandescent light bulbs (energy conservation, CO2 reduction）
Adopted for LED backlights
Key LED materials for LCD backlights
Progress Dominant world wide share in RED; expanding sales in GREEN Merge Kasei Optonix, Ltd. with Mitsubishi Chemical to integrate sales, production and R&D (April 2009) 22
22
Business Scope From materials to Chip/LED components business
Net sales Billions of yen
Mar. 2008 Acquired patent for near-UV (nUV) white LED Chip & production facilities from Mitsubishi Cable Industries, Ltd. Aug. 2008 Started production & Sales of Chip （for lighting purpose）
2010 -
Utilize cutting edge materials to create and lead nUV LED market
Chip/LED 100 Materials
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2010
2015 23
MCHC Group Carbon Business
Masanori Karatsu Executive Officer Chief Operation Officer, Carbon Division Mitsubishi Chemical Corporation
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Agenda Carbon Business - History and its Product Chain Business Performance Carbon Production Base Basis and Key Business Blast Furnace Coke Existing Growth Business High Performance Graphite Fusion of Carbon Chemistry and Petrochemicals Carbon Oven Gas 25
25
Carbon Business and Product Chain Carbon allotrope: diamond and fullerene
Raw Materials
Coal
1938 Start up at the Kurosaki Plant - Basis Business for 70 years
9,300KT Products
Coke Oven
Blast Furnace Coke
Plants
Usage
Sakaide Kakogawa
Steel
Sakaide Kakogawa
Power generator
Sakaide
High performance graphite, Electrode, Atomic energy, Semiconductor
Sakaide
Robot arm, Construction
Kurosaki Yokkaichi
Tire/ink
6,400KT Carbonization Coke Oven Gas, COG 1300MNm3
Coal Tar
Pitch
Needle Coke*
300KT Liquefaction & carbonization
Carbon Fiber* 1,000T
Carbon Black
Creosote Oil 100KT
Vaporization & Carbonization
200KT
* Existing growth business in APTSIS 10
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Locations – Carbon Products Business Steel Works Mitsubishi Chemical Coke Plants
Kansai Coke and Chemicals Co., Ltd. （Kakogawa, Amagasaki） JV with Kobe Steel, Ltd. since 1956 Nihon Kasei Chemical Co., Ltd. （Onahama） since 1959
Kurosaki since 1938
Carbon black
Carbon black
Head Office
Steel Works in Setonaikai Area: Oita, Yahata, Tobata, Kokura, Kure, Fukuyama, Kurashiki, Hirohata, Kakogawa, Kobe, Sakai, Wakayama
Yokkaichi
Sakaide since 1969
Carbon black, Synthetic rubber
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Business Performance (2002 - 2008) Rapid growth in China from 2003 ¾ The domestic production of crude steel has expanded
Operating profits and coking coal price 1980 - 2008 250
to 120 million tons ¾ Coal & iron ore markets became tight, leading to price hike
600
Operating Profits 200
500
150
Sales
400
?
100 300
50
Crude Steel Production
200
19 80 19 82 19 84 19 86 19 88 19 90 19 92 19 94 19 96 19 98 20 00 20 02 20 04 20 06 20 08
0 -50
100
Coking Coal Price
-100
Coking Coal Price
0
Operating Profits 1997
2002
2003
2004
2005
2006
2007
2008
2010
28
28
Carbon Production Base, Sakaide Plant Carbon Fibers
Needle Coke
‘Carbon Production Base’ Since 1969
Sakaide Plant
Coking Coal from Australia
Tar Blast Furnace Coke
29
29
World Crude Steel Production Million ton
600 500
Rapid expansion of Chinese crude steel production now large production reduction 490
540 480
420
400
350 270
300 220
200 100 0
'0 3 2003
2004
Japan
'0 5 2005
US
2006
'0 7 2007
Europe
'0 8 /2008 1 0 月時点見込 2008 forecast forecast
China
as of Dec.,08
30
30
Monthly Chinese Coke Export (2003 – 2008) Thousand ton
Amount
$/ton
Price
700
2,500 MCC Contract FOB Coke Price for CY2008
600 2,000 500 1,500
400 300
1,000
200 500 100 0 Ju l-0 8 Ja n09
Ju l-0 6 Ja n07 Ju l-0 7 Ja n08
Ju l-0 4 Ja n05 Ju l-0 5 Ja n06
Ja n03 Ju l-0 3 Ja n04
0
Source: Statistics of Chinese Custom 31
31
APTSIS 10 Carbon Business Strategy R&D ‘clean energy’, H2: 60%
Basis & key business: Blast furnace coke
Coal
Coke oven
COG
R&D-1: COG COG
benzene DME
methanol propylene
R&D-2: C1 chemistry, utilize CO2 H2, C, and heat used for deoxidization Existing growth business：
High performance graphite
Tar
Global shortage of needle coke: Electrode for steel production & specialty application Rapid growth of carbon fiber demand R&D-3:
Dry distillation
9 Improve pitch purification efficiency 9 Capacity increase by 25%
Coke
Competitiveness depends on tar and COG.
Blast furnace coke: Recent high growth caused by strong Chinese demand lead price hike of coking coal and coke. Steel production, however, are slowing down. 6.4 million ton
Domestic customers: Nippon Steel, Sumitomo Metals, Kobe Steel, and Nisshin Steel (for competitive high grade steel) Export： US, EU, and Brazil 32
32
Existing Growth Business
High Performance Graphite Distillation
Purification
Coal tar
Spinningcarbonizing
Coal tar pitch
Delayed Coking Calcinations
Carbon fiber
Compound materials
Needle pitch coke Applications
Graphite electrode for electric arc furnace steel making ¾ Competitive steel products, depending on prices of scrap & electricity ¾ Increasing demand
Various electrode and electric brush ¾ Advancement of electrical application
Semi-conductor application ¾ Increasing demand on crucibles for silicon pulling furnace
Atomic power core material, pantograph slider and sealing material 33
33
Existing Growth Business
Needle Coke Applications Needle Coke
Artificial graphite features heat, acid, and chemical resistant, electrical conductivity thermal conductivity, and lubrication
Graphite electrode for electric arc furnace steel making 9 Competitive steel products (depending on prices of scrap & electricity)
9 Increasing demand
Various electrode and electric brush 9 Advancement of electrical application
Semi-conductor application 9 increasing demand on crucibles for silicon pulling furnace
Atomic power core material, pantograph slider, and sealing material
34
34
High Performance Graphite - Capacity Increase APTSIS 10 Capex: 4 billion yen Coal Tar Distillation
Pitch
300kt/y 360kt/y
260kt/y 320kt/y
To be completed in Aug. 2010 Delayed Coking
260kt/y 320kt/y
Calcinations
130kt/y 150kt/y
Needle coke for graphite electrode +15,000t/y; share +10% Pitch base coke for special carbon products for semiconductor applications and atomic power core material + 6,000t/y; share + 10% Pitch base carbon fiber +10,000t/y; increase carbon fiber capacity to 1,300t/y 35
35
Fusion of Carbon Chemistry and Petrochemicals Carbon Chemistry
Coke Oven Gas H2 CH4 CO N2 CmHn
58% 28% 7% 2% 4%
Petrochemicals Clean Energy
H2 Methane to benzene
CH4
C6H6 Benzene 300KT
CO
Methanol
1,300MNm3
Dimethyl Ether
H2 C
Propylene 300KT
CO2 36
36
Add Value to Coke Oven Gas
Sakaide Plant Coke Oven Gas
Methanol
Mizushima Plant DME
Propylene
Accelerate establishment of manufacturing process Confirmation by pilot plant
CO2 reduction by 220,000 ton
Decrease by 135,000 ton vs. naphtha cracker
37
37
Coke Oven Hot-renewal Start up from 2008 Renewing bricks of No.6 flu edge
■Parts： Renewing bricks
3Q
1G
1A
3C
2G 2C
from ‘08: 5.8 billion yen/28 ovens from ‘11: 2.0 billion yen/16 ovens from ‘12: 2.5 billion yen/22 ovens
1B
1P
2P
1P
2P
2A
3C
Renewing backstay & protective hardware
5C 38
2G 6Q
2B
3P
3A
6C 3G
3B
5G 5Q
3C 38
APTSIS 10 Carbon Business Summary Plant measures ¾Coke oven hot-renewal to ensure reliability Environment measures ¾ Desulphurization ¾ Dust catcher ¾ Prevention of marine pollution Demand expansion ¾Further expansion in exportation of needle cokes for special steel Add value for COG ¾ Completion of technological development of COG to propylene High Performance Graphite ¾ Capacity increase by 25% Energy Efficiency ¾ Streamline and improvement ¾ CO2 reduction 39
39
MCHC Group Li-ion Battery Materials Business Shigeru Tsuyuki Managing Executive Officer Chief Operation Officer, Performance Products Division Mitsubishi Chemical Corporation
40
Agenda
What is Li-ion Battery? Li-ion Battery Market Li-ion Battery Materials Market MCC’s Battery Materials Business Activity MCC’s Battery Materials Strategy
41
41
What is Li-ion Battery? Working Principals
Li-ion transfers from Cathode to Anode when the battery is charged.
Li-ion transfers from Anode to Cathode when the battery is discharged.
42
42
What is Li-ion Battery? Structure 18650 Cylindrical electrode
18650 Cylindrical cells
43
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What is Li-ion Battery? Applications For ForHigh HighCapacity Capacity
For ForHigh HighPower Power
44
44
Li-ion Battery Market Domestic sales (Yen/Cell) (Mil. Cells)
No. of cells
Amount
Ave. Price
(Billions of yen)
450.0
1500 1250
300.0
1000 750
150.0
500 250
0.0
0 1995 1997 Data source: METI
1999 2001
2003
2005 2007
45
45
Li-ion Battery Market (Thousand units)
Estimated market for LiB HEV/EVs
8,000 7,000
Will LiB-HEV/EV boom beyond 2015?
6,000 5,000 4,000 3,000 2,000
Start up
1,000
Popularization
0 2008
2010
2012
2014
2016
2018
2020
46
2008 MCC Estimation
46
Li-ion Battery Materials Market
Market size of four battery materials
Consumer HEV MCC (share)
2007 200.0 － 10.0 (5%)
2010 250.0 5.0 17.0 (6%)
2015 300.0 100.0 50.0 (12.5%)
2020 310.0 650.0
(Billions of yen)
1,200.0
LiB material market may expand double by 2015 and 5x by 2020
1,000.0 800.0
APTSIS 10
600.0 400.0 200.0 0.0 1991 '93
'95
'97
'99
'01
'03
'05
'07
'09
'11
'13
'15
'17
'19
47
2008 MCC Estimation
47
MCC’s Battery Materials Business Activity Our Products Place of Production
Market Share
Li salt (LiPF6) Electrolyte Solvents (EC, DMC） Business Additives
Yokkaichi, Suzhou
20-25%
Anode
Amorphous carbon Natural/Artificial Graphite
Business
Sakaide
10-15%
Cathode
Li compound made up of Ni, Mn, Co
Business
Sakaide, Mizushima
<5%
Separator
Micro porous film made of polyolefin
Development
Nagahama
-
Product
Phase
48
48
MCC’s Battery Materials Business Activity
Electrolyte High-performance additives based on; ・Molecular design ･Organic synthesis ・Battery evaluation technologies
Anode Customizing the material by controlling; ・Amount of coating material ・Particle size ・Particle form ・Specific surface area, etc.
Cathode ・Ni, Mn rich type ・Pore structure in the secondary particle is designed to improve Liion diffusion, enabling high power.
Separator Solvent-free three-dimensional micro porous structure having; ・High power at low temperature ・Cyclic life ・High temperature storage
49
49
MCC’s Battery Materials Business Activity e.g. Separator Sales: MCC
Multiple sales channel Production: MPI
Micro porous film design Mass production
Evaluation: MCRC
Product design Battery testing
Synergy of product development in MCHC Group 50
50
MCC’s Battery Materials Business Activity Capital Expenditures Planned (2008-2010)
Estimated Amount
Launch
Electrolyte
0.2 Bil.
Jan. 2010
2,500 MT/Y
Anode
1.0 Bil.
Oct. 2009
2,000 MT/Y
Cathode
2.0 Bil.
Oct. 2009
600 MT/Y
Separator
1.0 Bil.
Jul. 2009
12 mil. m2/Y
Capacity
Electrolyte and Anode capacity increase includes de-bottling of current lines.
51
51
MCC’s Battery Materials Business Activity
Battery Evaluation & Safety Analysis
Dynamic behavior of •Heat generation Simulation •Temperature •Heat transfer etc.
•Thermal properties Analysis •Calorimetry •Electrical resistance •Output power etc.
Testing
•Short circuit •Overcharging •Heating etc.
Safety engineering for innovation of new materials 52
52
MCC’s Battery Materials Business Activity
R&D Activities One of the top applicants of LiB related patents and original papers GS Yuasa G ジーエスユアサ G
Panasonic G G 松下電器産業
Panasonic G 松下電器産業 G
GS Yuasa G G ジーエスユアサ
Sanyo G 三洋電機 G
Hitachi G G 日立製作所
Sony G ソニー G
Saft GG ＳＡＦＴ
Hitachi G 日立製作所 G
Sanyo GG 三洋電機
Toshiba 東芝 G G
Samsung G G ＳＵＭＳＵＮＧ
MCC G 三菱化学 G
Sony GG ソニー
トヨタ自動車 G Toyota G
Toshiba GG 東芝
ＳＵＭＳＵＮＧ G Samsung G
MCC G G 三菱化学
NEC ＮＥＣ G G
NEC GG ＮＥＣ
Nissan G 日産自動車 G
トヨタ自動車 Toyota G G
Ube G 宇部興産 G
ＥＶＥＲＥＡＤＹ Eveready G G
Asahi 旭化成 Chem G G
大阪ガス Osaka Gas G G
0
500
1,000
1,500
2,000
2,500
Number of open-laid patents applied (Japan) PATOLIS DB (1971 - 2007/4/30) “IC = H01M10/40” 18,692 applications (67% covered by Top 13)
0
20
40
60
80
100
120
140
Number of original paper CA PLus DB (1907 - 2007/5/18) “Li + lithium” x “battery + cell + electrode + electrolyte” x “journal + letter” 55,730 papers （1.7% covered by Top 13)
53
53
MCC’s Battery Materials Business Activity
Our Business Model
Material development (Present) Focused on optimizing each material’s performance
Material development (Future) In addition, optimizing the combination of materials
By having four key materials in-house, we offer total solution for high performance battery. 54
54
MCC’s Battery Materials Business Activity
Our Business Model
Material development and manufacturing Anode Evaluation of model cells
Cathode
Electrolyte
Analysis
Separator Safety analysis
Battery Battery Manufacturers Manufacturers 55
55
MCC’s Battery Materials Strategy
MCC will become a total solution provider of LiB materials such as *Electrolyte *Anode *Cathode *Separator With supporting technology and know-how of *Battery evaluation *Battery analysis
Target sales and operating income in 2015 Net Sales JPY50.0 Billion, ROS 10%
56
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