This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:ExxonMobil Affiliate and Toray Industries Agree to Form Global Battery Separator Film Joint Venture 2009-11-04 08:00 ET - News Release  Company Website:
http://www.exxonmobilchemical.com HOUSTON -- (Business Wire)
ExxonMobil Chemical’s affiliate TonenGeneral and Toray Industries have
agreed to establish a global joint venture for the battery separator
film business. It will develop, manufacture and sell lithium ion battery
(LIB) separator film and introduce next-generation films to the market.
The joint venture will combine Toray’s plastic film processing and
polymer science capabilities with Tonen's existing lithium ion battery
separator film business and technology. It will build on ExxonMobil’s
more than 20 years of experience and success in providing separator
films, including for use in the personal electronics market, as well as
support the development of future LIB applications in hybrid-electric
and electric vehicles.
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