Koreans chose Poland. This is their greatest investment in history

According to the company, this is due to the technologies used, such as the technology called “sequential stretching”, which ensures even quality while controlling the thickness of the separator, and the coating technology of the separator, which minimizes deformation even when exposed to heat and shocks. SK Innovation claims that the safety of separators produced by the concern, noticed by contractors, is one of the reasons for the high level of orders.

The battery business is growing rapidly

According to SK Innovation, the rapid increase in the demand for batteries for electric cars also drives the demand for separators. Last year, the production volume reached 4 billion m2, and by 2025 it is expected to be four times higher. Nevertheless, the company predicts that in 2023 a shortage of separators on the market can be expected. Therefore, the newly planned plants in Poland will probably also enter the market with a full backlog of orders.

Also read: The Katowice Zone wants to be the heart of Polish electromobility

Last year, the SK Innovation battery business segment more than doubled its revenues, from 690.3 billion won to 1.61 trillion won (approx. 1.2 billion euros). However, it still remains unprofitable due to the high costs of accelerating production in new plants. The material segment, which includes the production of separators, also recorded a decline in profits related to the cost of investment, especially in the production equipment of the plant in China, which is just beginning.

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