| SEMCORP Group | |
| Native Name: | Chinese: 云南恩捷新材料股份有限公司 |
| Type: | Public |
| Hq Location City: | Shanghai |
| Hq Location Country: | China |
| Area Served: | Worldwide |
| Key People: | Paul Xiaoming Lee (co-founder, chairman & CEO) Tony Xiaohua Li (vice chairman) |
| Brands: | SEMCORP |
| Revenue: | (US$656.14 million) (2020)[1] |
| Net Income: | (US$180.1 million) (2020) |
| Num Employees: | 5,040 (2020) |
| Website: | semcorpglobal.com |
| Footnotes: | [2] |
SEMCORP Group, formally Yunnan Energy New Material Co. Ltd., is a multinational corporation headquartered in China that specializes in the development and manufacture of advanced materials.[3] It is the world’s largest producer of lithium-ion battery separator film by volume,[4] and is a major supplier to global electric vehicle battery makers including LG Chem,[5] CATL,[6] BYD, and Samsung SDI.[7] Its other products include printing packages, packing boxes, liquid wrapping papers, high-grade wrapping papers, biaxially oriented polypropylene films and other related products.[8] SEMCORP Group is listed on the Shenzhen Stock Exchange (ticker: 002812.SZ).[9]
SEMCORP Group was founded by brothers Paul Xiaoming Lee and Tony Xiaohua Li. Lee and Li studied and worked in the United States in the late 1980s and early 1990s,[7] and returned to China in 1996 to start their business.[10] Their first business was the manufacture of cigarette labels and packages.[11]
In 2019, SEMCORP Group overtook Asahi Kasei to become the largest supplier of lithium-ion battery separator film in the world.[4]
In November 2019, SEMCORP Group announced a licensing deal with Teijin Ltd., a global leader in coating technology, for the manufacture of coated separators.[12]
In November 2020, SEMCORP Group announced its first overseas facility to manufacture lithium-ion battery separator film in Debrecen, Hungary.[13]
In January 2021, SEMCORP Group announced its first international joint venture with U.S.-based Polypore International, LP to manufacture dry-process separator film in China.[14]
In August 2021, SEMCORP Group and Chinese battery maker EVE announced a joint venture to manufacture lithium-ion battery separator film in China.[15]
In May 2022, SEMCORP Group announced its first North American facility to manufacture lithium-ion battery separator film in Sidney, Ohio.[16]