Sunday, Dec 04, 2016
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Dow, Japanese team up on ion battery project

MIDLAND, Mich. — Dow Chemical Co. and Japanese chemical company Ube Industries Ltd. said Wednesday they’ve agreed to form a joint venture to manufacture electrolytes for lithium-ion batteries which are increasingly being used in cars among other things.

The venture, Advanced Electrolyte Technologies LLC, is expected to be finalized this year pending regulatory approval.

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