SK ie Technology Co. (SKIET) from South Korea has begun supplying separator film for battery cells to LG Energy Solution in North America. According to the company, the quantities supplied in 2025 and 2026 will be sufficient to produce batteries for approximately 300,000 electric vehicles. Based on industry sources, the estimated value of the order is equivalent to approximately 75.7 million US dollars.
Price advantage due to U.S. tariffs
SKIET will supply only uncoated base films, which will be further processed by LG Chem. After the coating process, the separators will be shipped to LG Energy Solutionʼs production facilities in North America. Although the sales price per unit is lower than previous orders, the contract is expected to improve SKIETʼs production capacity utilization, corporate sources said. According to a company spokesperson, in addition to product quality, a price advantage due to U.S. tariffs on Chinese products also contributed to the contract award. In the future, these tariffs could affect the market share of Chinese manufacturers, who held about 88.8 percent of the global separator market in the fourth quarter of 2024, according to industry analysis.
