Nippon Shokubai Raises Battery-Electrolyte Plant Budget to ¥43bn, Pushes Launch Back to December 2028
Nippon Shokubai now expects to spend about ¥43.0bn, up from ¥37.5bn, on its Kitakyushu LiFSI plant and to start commercial output in December 2028 instead of July 2028, citing delayed land purchase and higher copper, petroleum and construction costs, while the government's ¥12.5bn subsidy commitment holds steady.