# Gränges to invest SEK 600M to double battery foil production in Finspång, Sweden

Gränges plans to invest SEK 600 million (~$57.7 million) over two years to double its capacity for battery cathode foil production in Finspång, Sweden, with new capacity expected online during 2025.

- Type: Expansion
- Announced: 2023-01-31
- Where: Finspång, Sweden
- Value: $57.7M (600.0M SEK)
- Starts operating: 2025
- Status: announced
- Products: battery cathode foil
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gränges](https://endata.com/companies/3224.md)

## Sources

- [lightmetalage.com](https://www.lightmetalage.com/news/industry-news/flat-rolled-sheet/granges-to-double-battery-foil-production-in-sweden/), 2023-01-31: "Gränges plans to invest SEK 600 million (~US$57.7 million) over two years to double its capacity for battery cathode foil production in Finspång, Sweden."

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