ExxonMobil Affiliate and Toray Industries Agree to Form Global Battery Separator Film Joint Venture

HOUSTON--(BUSINESS WIRE)--ExxonMobil Chemical’s affiliate TonenGeneral and Toray Industries have agreed to establish a global joint venture for the battery separator film business. It will develop, manufacture and sell lithium ion battery (LIB) separator film and introduce next-generation films to the market. The joint venture will combine Toray’s plastic film processing and polymer science capabilities with Tonen\'s existing lithium ion battery separator film business and technology.

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