Taiwan Cement subsidiary builds battery factory



ADVANCED LITHIUM BATTERIES:
Taiwan Cement Corp chairman Nelson Chang said the new manufacturing facility was a step towards transforming the group into a green energy company.

  • By Angelica Oung / Journalist

A subsidiary of Taiwan Cement Corp (TCC, 台灣 æ°´æ³¥) yesterday inaugurated the construction of an advanced lithium battery factory in the Siaogang district of Kaohsiung (小港) on the former site of the cement company’s paper factory .

Molie Quantum Energy Corp (三元 能源 科技) plans to initially invest NT $ 12 billion (US $ 430.5 million) in the facility, which is due to begin operations in 2023.

The installation must have sufficient annual production to supply the long-range batteries required for 24,000 electric vehicles, or 1.8 gigawatt-hours (GWh) of battery capacity.

Photo: Amy Yang, Taipei Times

It would use nickel, cobalt and manganese to make “ternary” batteries, and lithium to make the anode material for the batteries, the company said.

The move is a step towards greening Taiwan Cement, company president Nelson Chang (張安平) said at a groundbreaking ceremony.

The ceremony was attended by Vice Premier Shen Jong-chin (沈榮 津), Kaohsiung Chen Chi-mai (陳 其 邁) and CTCI Group Chairman (中 鼎 集團) John Yu (余俊彥), among other guests.

“We will manufacture our batteries for the electric vehicle market, targeting the premium and custom segment of that market,” Chang said.

The investment would help the country’s battery ecosystem achieve an economy of scale, while generating a large number of jobs in southern Taiwan, Chang added.

With the battery capacity of the new plant and the existing capacity of E-One Moli Energy Corp (能 å…ƒ 科技), the group’s battery subsidiary based in Tainan, Taiwan Cement would have a total annual battery capacity of up to 3.2 GWh. .

E-One Moli will hire more than 100 engineers and employees for a research and development facility at Southern Taiwan Science Park (南部 科學 園區), Taiwan Cement said, adding that Molie Quantum would focus on developing and perfecting the processes of production.

This is the latest step in the group’s formation as an energy company, having bought out Italian energy storage company NHOA SA earlier in the year, Chang said.

The change also shows that the group is working on decarbonization and investing in green energy, he added.

“Taiwan Cement has decarbonized by using alternative fuels and ingredients to make cement,” Chang said.

“It is true that the current cement manufacturing process is highly carbonated, but cement is also the irreplaceable adhesive of human civilization, without which there is no basic infrastructure,” he said. added.

The company is committed to reducing its carbon emissions by 30% by 2030 and reaching net zero in its ready-mixed concrete production by 2050.

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