Subsidiaries of Mitsubishi Chemical Corporation have entered into a definitive agreement with Green E Origin SARL (GEO) to transfer lithium-ion battery electrolyte manufacturing assets in the United States and the United Kingdom. Specifically, the transaction covers facilities operated by Mitsubishi Chemical America, Inc. and Mitsubishi Chemical UK Ltd.
Strategic Rationale and Background
Mitsubishi Chemical’s lithium-ion battery electrolytes incorporate proprietary additive technologies that suppress electrode side reactions, enabling high power output. As a result, the electrolytes deliver exceptional durability and safety, leading to widespread adoption in automotive applications. In addition, the Group has licensed these technologies to multiple battery manufacturers.
Over the years, Mitsubishi Chemical has built a robust manufacturing footprint across Japan, China, the United States, and Europe to support its growing xEV customer base. However, to transition toward a more advanced business model in the European and American markets—and to better respond to mid- to long-term market growth—the Group has decided to transfer its U.S. and U.K. manufacturing bases to GEO. Going forward, Mitsubishi Chemical will focus on business development through strategic collaborations while strengthening its global manufacturing and sales network.
Business Scope of the Transfer
As per the press release, the transaction includes the lithium-ion battery electrolyte manufacturing businesses operated by the following subsidiaries:
Mitsubishi Chemical America, Inc. Location: Memphis, Tennessee, U.S.A.
Mitsubishi Chemical UK Ltd. Location: Billingham, Stockton-on-Tees, United Kingdom
Buyer Profile: Green E Origin SARL
Company Name: Green E Origin SARL
Head Office: Luxembourg
CEO: Tony Ma
Established: June 2023
Business Focus: Manufacturing and sales of lithium-ion battery materials, including electrolytes
Transaction Timeline: Subject to approvals from relevant regulatory authorities, the transfer of assets is scheduled for completion on March 31, 2026.
