Separator Company WCP Confirms Product Supply to New Domestic Customer
Secondary battery separator company WCP announced on April 9 that it has finalized the supply of products to a new domestic customer.
WCP stated, "This battery company is actively diversifying its business portfolio by expanding its ESS battery supply, particularly through recent renewable energy projects in North America. As a result, there is a growing potential for us to increase our separator supplies to this customer."
In the U.S. market, the ESS market is growing rapidly due to increasing demand for grid stabilization and the integration of renewable energy. In response, domestic battery companies are converting parts of their existing electric vehicle battery production lines to ESS battery lines. They are also strengthening their ESS business by utilizing production facilities within the United States.
Domestically, in order to participate in the government-led centralized ESS contract market, battery companies are converting some lines at their plants in Korea to ESS battery production lines.
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WCP stated, "Based on our accumulated high heat-resistant and high-safety separator technology, we are securing competitiveness in the ESS market as well. Going forward, we plan to position the ESS market as a medium- to long-term growth engine and to further solidify our presence in the global separator market by enhancing our technological competitiveness and expanding our customer base."
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