Polypore unit in supply agreement with Samsung SDI

DATE : 2014-01-30

Polypore International announced that its Celgard subsidiary and Samsung SDI have entered into a long-term supply agreement under which Samsung will purchase Celgard brand separator to be used in its electric drive vehicle and energy storage system lithium-ion batteries.

This long-term agreement includes guaranteed purchase and supply volume requirements and an initial four-year term with a two-year extension provision.