# Staropower plans 2 billion yuan European lithium battery separator plant in Sweden

Staropower plans to invest up to 2 billion yuan to build a lithium-ion battery separator plant in Europe, with three phases. Phase 1 in Sweden will invest about 130 million yuan to build four coated separator lines with annual capacity of 80 million square meters, expected to start production in the first half of 2022.

- Type: Expansion
- Announced: 2021-09-07
- Where: Sweden, Sweden
- Value: $310.0M (2.00B CNY)
- Starts operating: Q3 2022
- Status: announced
- Capacity: 80 million square meters per year (phase 1)
- Products: coated lithium-ion battery separators
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Shenzhen Staropower New Materials Co., Ltd.](https://endata.com/companies/57585.md)

## Sources

- [news.smm.cn](https://news.smm.cn/news/101591555), 2021-09-07: "星源材质拟以不超过20亿元人民币在欧洲建立锂离子电池隔膜厂，开拓欧洲市场；项目拟分三期建设，初步计划达产后湿法基膜年产能约为7亿平方米，涂覆年产能约为4.2亿平方米。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.