EU Clears Exxon Mobil, Toray To Set Up Lithium Battery JV
January 29 2010 - 5:51AM
Dow Jones News
The European Commission Friday cleared Japan's Toray Industries
Inc. (3402.TO) and an affiliate of Exxon Mobil Corp. (XOM) to set
up a joint venture called Tonen Specialty Separator Godo
Kaisha.
The global joint venture will develop, manufacture and sell
lithium ion battery separator film and introduce next-generation
films to the market, according to the companies.
-By Peppi Kiviniemi, Dow Jones Newswires; +3227411483;
peppi.kiviniemi@dowjones.com
Toray Industries (PK) (USOTC:TRYIY)
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