Email this article from PlasticsNews.com
China's Wanxiang expected to buy lithium-ion battery company
WALTHAM, MASS. (Dec. 10, 11:45 a.m. ET) — China’s Wanxiang Group Corp. is expected to take over lithium-ion battery company A123 Systems Inc. now that Johnson Controls Inc. has backed out of a competing offer to buy the firm’s assets in a bankruptcy auction. Lithium-ion batteries use a polymer film at the core of every cell, and also use plastics extensively in structural parts, cooling systems and electrical connections.
More Events > Upcoming Events
A. Schulman sues former Citadel owners claiming 'fraudulent business practices'
NEWS Wednesday, June 29
UK plastics firms merger creates Omega Group
NEWS Monday, November 23
Plastics News Now: Iowa molder honored for hiring program
MULTIMEDIA01 Thursday, June 30
We need to find real solutions
BLOG01 Thursday, June 30
Obituary: Stanley Gault, former Rubbermaid CEO
NEWS Thursday, June 30