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Neogen Ionics partners Japanese company for lithium hexafluorophosphate

Taanvi Sawhnay by Taanvi Sawhnay
September 3, 2025
in Asia
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Neogen Ionics partners Japanese company for lithium hexafluorophosphate

Photo Credit: https://www.chemicalweekly.com/

Neogen Chemicals’ subsidiary, Neogen Ionics Ltd. (NIL), has entered a joint project (JP) with Japanese corporation, Morita Investment Ltd. (MIL), to manufacture lithium hexafluorophosphate (LiPF₆) salt for lithium-ion batteries (LIBs).

The new entity, Neogen Morita New Materials Ltd. (NMNML), will be 80% owned by Neogen Ionics and 20% by of MIL. This structure guarantees that Neogen Chemicals keeps a control at interest while advantage from MIL’s expertise and global presence. The joint project agreement includes provisions for board representation, with MIL having the proper to nominate one director, offered it maintains at least a 10% equity stake. NIL will be entitled to appoint as much as 4 directors, ensuring strong governance and alignment with Neogen Chemicals’ strategic goals.

The production facility can be located in Gujarat, combining Neogen’s local presence with Morita’s 30 years technology expertise. It will target on the manufacturing, development, and sale of solid LiPF₆ salt, a essential element in the electrolytes used in LIBs.

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“This partnership objectives to improve LiPF₆ manufacturing efficiency and marks one of the first Indo-Japanese collaborations within the lithium-ion battery materials sector,” a declaration from Neogen Chemicals said

For Neogen Chemicals, the partnership provide numerous strategic benefits. For one, MIL’s extensive experience in lithium salt production will assist improve Neogen’s current technology. The joint project is likewise anticipated to facilitate faster entry into global markets and gain approvals from global clients.

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Taanvi Sawhnay

Taanvi Sawhnay

I’m Taanvi Sawhnay, known as Tan, a professional blogger with a deep interest in the global chemical industry. I’ve spent years writing for various platforms, delivering insightful analysis and up-to-date news. At ChemDive, I share my knowledge and passion, making complex industry trends accessible to professionals, academics, and enthusiasts alike. My goal is to engage readers with clear, informative content while keeping them informed about the latest developments in the chemical world.

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