Press ReleasesCeremony Held in Hungary to Mark the Completion of New LiB CMC Factory

Nippon Paper Industries Co., Ltd.

Nippon Paper Industries Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President and Representative Director: Toru Nozawa) has established a manufacturing and sales subsidiary (Nippon Paper Chemicals Europe Zrt.) in Hungary in September 2022, and has been constructing a new factory, in order to strengthen the supply chain for CMC (carboxymethyl cellulose, product name: SUNROSE MAC®), one of the anode materials for lithium-ion batteries (LiB), which has a growing market for use in electric vehicles (EV) in Europe. This facility has now been completed and a completion ceremony attended by the relevant parties was held on May 13.

The market for EV LiB has been expanding in Europe, where strict CO₂ emission regulations are being implemented. The automotive industry has been working to build a supply chain for EV within the region, with many industry players establishing their own facilities. We will be contributing to the decarbonization of society by building a supply chain for high-performing CMC for LiB, serving the global LiB and automotive manufacturers from the new facility in Hungary.