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Semcorp.jpg

Semcorp

Industry:
Advanced Manufacturing
Automotive

Services:
Incentive Negotiation and Compliance
Site Selection

Investment Amount:
$916,000,000

Location:
Sidney, Ohio

SEMCORP Advanced Materials Group, publicly traded as Yunnan Energy New Material Co. Ltd., is the largest lithium-ion battery separator film supplier in the world. Its separator film products are a key component of lithium-ion batteries used in electric vehicle, energy storage, and consumer electronics applications. SEMCORP specializes in wet-process separator film, and with more than 100 products (both base and coated film), it offers the broadest selection of battery separator film products in the market.

The Need 

GLS was engaged by Semcorp to perform a site location search and incentives negotiations for Semcorp, a Shanghai-based producer of separator film for lithium-ion batteries. The search region included a comprehensive region of the United States, spanning from New York to Texas, and the significant siting requirement included large utility and labor demands.

The Solution 

GLS identified and evaluated 61 sites across 8 states, considering quality and cost metrics vital to the project’s long-term success. Finalist sites were also evaluated on local experience working with Chinese companies. In May 2022, Semcorp announced its decision to invest $916 MM and create 1200 jobs in Sidney, Ohio. The investment, one of the largest in the company’s history, is Semcorp’s first in North America.