April Listed N-SYS to supply equipment for LG Poland’s new plant

Equipment for electrode processing
Review of establishment of a corporation in Poland

Kisoo Jin, CEO of NSYS
Kisoo Jin, CEO of NSYS

N-Sys, a battery inspection equipment company, is pushing for a new equipment supply to LG Energy Solutions. It is an inspection equipment for electrode process that makes anode and cathode. The 3rd electric vehicle (EV) battery plant in Wrocław, Poland, is the target. We are currently preparing to bid.

If it succeeds in supplying equipment for the third plant in Poland, it will be possible to utilize major production bases of LG Energy Solutions around the world, including Ochang in Korea, Nanjing in China and Michigan in the United States.

On the 16th, N-Sys announced its plans to expand LG Energy Solution sales at a press conference for the KOSDAQ market public offering (IPO) held in Yeouido, Seoul. It is also considering establishing a local subsidiary in Poland in the first half of the year. It is expected to become visible when the supply of equipment for the third plant in Poland is confirmed.

Meanwhile, N-Sys mainly supplied inspection equipment for electrode processing to LG Energy Solutions. Initially, the transaction was made through the LG Electronics Material Production Technology Institute (PRI), but now it is a direct transaction. The cost of the equipment is 1.6 billion won per unit, which is higher than the assembly process inspection equipment (600 million won) supplied to Samsung SDI. That means that it is profitable.

The core technology of NSYS is vision inspection. With a precise camera, even minute defects such as battery electrodes and appearance can be found. In particular, in the case of the 5-sided exterior inspection machine, which is widely used by Samsung SDI, it is possible to reduce the cost by about 30% while producing the same effect as 3D with the 2.5D algorithm image processing technology for the image taken in the plane (2D).

To reinforce the inherent capabilities of inspection equipment, the product line for each process will be reinforced. In the electrode process, a perforation (small hole) defect tester, and a width measuring tester that measures the width of the electrode after cutting (slitting) the electrode into an appropriate size were added. An integrated visual inspector was also prepared in addition to the five-sided visual inspection and the upper visual inspection.

In line with increasing equipment orders, investment in the second plant is also underway. It plans to use 11 billion won, which is more than half of the 21 billion won public offering, for securing new sites and building new factories. It is planned to be prepared near the Cheonan headquarters. All-solid battery inspection equipment is also being developed. It is the dimension of future response. Research and development (R&D) is underway to cope with the commercialization of existing machine vision inspection equipment and all-solid batteries.

N-Sys is a company specializing in inspection equipment established in 2006. At the beginning of its establishment, it focused on controlling vertical articulated robots, including a multi-system for controlling plasma display panel (PDP) processes, but has expanded the supply of battery inspection equipment in earnest from 2014. Key customers are LG Energy Solutions and Samseo SDI. SK Innovation has only been registered as a partner and has yet to open a deal.

This year’s sales target is 50 billion won. If it is successful, it is expected to grow by more than 50% compared to 2019 and 2020. N-SYS plans to raise 37.9 billion won (based on the band in the first half of the desired public offering price) through listing on the KOSDAQ. The total number of public offering shares is 2.3 million, and the expected public offering price per share ranges from 13,000 won to 16,500 won. It is expected to be listed in April after receiving a general subscription from the 22nd. The representative organizer is Mirae Asset Daewoo.

Battery Materials Innovation Conference Announcement: Webinar on April 8th

The Elek, a media specialized in electronic components, will hold a’Battery Material Innovation Conference’ on April 8th, through companies in charge of the four core materials for batteries, to view related technology trends, tasks and future. The event is held as a webinar, and various companies such as Heraeus, a global company for core battery materials, and Enchem, a company specializing in electrolytes, share the latest information. LPN, which is developing silicon anode materials, also participates.

We are also preparing to announce the latest issues in the battery industry that predicts the latest technologies and future trends, the 4 key material market trends, and the development direction of next-generation cathode materials.

This is a differentiated conference organized and organized by The Elek, a media specializing in electronic components. We hope that you can seize new business opportunities with new information. We ask for your interest.

Go to pre-registration page

-Event Overview-

Occasion: Battery Material Innovation Conference
Organizer: The Elek, a media specialized in electronic components (www.thelec.kr)
Date: April 8, 2021 (Thursday) 13:30-17:00 (Live Webinar)
Participation fee: 165,000 won (tax included)

*For those who have registered in advance, we will tell you how to participate.
* Provides a one-month replay service.

-Program-

Presentation time subject Speaker
13:30~14:00 Battery 4 Core Material Market Trends Korea Battery Industry Association You-Tak Kim Team Leader
14:00~14:30 Development status and business strategy of silicon-based anode material and spherical anode material Jeong-Hoon Oh, Senior Vice President, LPN AMT Division
14:30~15:00 Porous carbon to improve battery performance Dr. Heraeus Moritz Hentel
15:00~15:30 Next-generation cathode material development direction Pohang Institute of Industrial Science and Technology Nam Sang-cheol Group Head
15:30~16:00 Development of high energy density Ni-rich anode and cathode electrolyte Enchem, Eunki Shim Director
16:00~16:30 Recent issues in the battery industry and outlook for materials, raw materials and recycling markets Park Jae-beom Senior Researcher, POSCO Research Institute
16:30~17:00 Lithium excess cathode material development trend Professor Donghwa Seo, Department of Energy and Chemical Engineering at UNIST

Copyright © The Elec, the electronic component specialty media Unauthorized reproduction and redistribution are prohibited.

.Source