SEMCORP’s office in Zhuhai, China
Production at the first overseas plant of the Chinese company SEMCORP in Debrecen (eastern Hungary) is expected to start next year, reports Világgazdaság. Like the parent company, it will produce special components for electric car batteries.
China’s SEMCORP’s first overseas unit has been set up in Debrecen, creating 440 new jobs in and around the city and already employing 150 people. The Shanghai-based company is a world leader in the production of separator films for electric car batteries, and the Debrecen plant will produce 400 million units per year on four production lines.
Based on the information from the city and economic development center, EDC Debrecen, SEMCORP already has more than 150 employees in the eastern Hungarian city.
The construction works in 2022. Photo via Facebook/Semcorp Group
The Debrecen plant is located in the Southern Economic Belt, between the Krones and Vitesco Technologies factories. The industrial park already houses the German Deufol plant, the logistics center of BHS Trans Kft. and the plant of Halms Hungary Kft. In addition, it is also the site of the Debrecen plant of EcoPro BM of South Korea, the large bus factory of ITK Holding, and the battery plant of China’s CATL.
The 97,000 square meter, high-tech plant is the size of around 14 football pitches and is expected to start manufacturing separator films for electric car batteries next year.
SEMCORP will receive HUF 13 billion (EUR 34 million) in state support for its HUF 63.5 billion (EUR 168 million) investment in Debrecen.
SEMCORP Group is a multinational corporation headquartered in China that specializes in the development and manufacture of advanced materials. It is the world’s largest producer of lithium-ion battery separator film by volume, and is a major supplier to global electric vehicle battery makers, including LG Chem, CATL, BYD
, and Samsung SDI
. All of the aforementioned companies are now present in Hungary today and play a huge role in ensuring the country’s economic security. Together with those from the West, these investments are a guarantee of long-term economic growth.
The city of Debrecen has been ranked high in this year’s fDi Intelligence European survey by the Financial Times’ (FT) international capital flows and investment department. The municipality was ranked fifth among small cities for its investment strategy, while in 2018, it was selected by the FT as the municipality with the best investment promotion strategy among small European cities, and in 2020, it was ranked second in the same category.
Via Világgazdaság, Featured image via Wikipedia