‘The first production line reached the level of technical readiness last month at Semcorp plant in Debrecen, ’the company announced on its Facebook page.
Semcorp originally announced that they planned to spend 180 million euros (HUF 68 billion) on their investment in Debrecen, but James Shih, Director of Global Projects at Semcorp, already indicated that their plans were constantly evolving, so it was likely that this would be revised upwards.
According to their current statement, the value of the investment has become significantly larger, almost double, because they have invested 340 million euros (130 billion forints) in Debrecen.
At the beginning of November, EDC (Debrecen City and Economic Development Center) announced on its Facebook page that Semcorp already had more than 150 employees in Debrecen.
They added that the 97,000-square-metre, high-tech factory built in the Southern Economic Zone corresponds to the size of nearly 14 football fields.
The Debrecen plant is Semcorp’s first unit outside of China, the company will create 440 new jobs in Debrecen.
The Shanghai-based company occupies a leading position on the world market in the production of separator foils for electric car batteries, such products will also be produced at the Debrecen plant, with four production lines producing 400 million pieces per year.
The company has now also announced that their Hungarian subsidiary will supply the French battery manufacturer Automotive Cells Company (ACC) with separator foil products worth a total of 655 million euros from 2024 to 2030.
Semcorp will receive HUF 13 billion in state support for its investment in Debrecen. The company’s development was awarded the title ‘The largest greenfield investment of the year’ at the gala event of the National Investment Agency’s Investor of the Year 2020. In October, DKV established a stop at the Semcorp plant in Debrecen.
In the Southern Economic Zone, the Semcorp plant was built between the Krones and Vitesco Technologies factories. The Deufol plant, the logistics centre of BHS Trans Ltd. and the Halms Hungary Ltd. plant are already operating in the industrial park.
The Debrecen plant of the South Korean EcoPro BM, the larger bus factory of ITK Holding, the logistics centre of Inpark, and the battery plant of the Chinese CATL are being built there.
Source: Dehir