Microporous, LLC - Company Market Research Report

Company Overview

• Name: Microporous, LLC

• Mission: No information is available

• Founded: The name "Microporous Products, Inc." first used in 1991.

• Founders: No information is available

• Key People:

• John Reeves, CEO

• Doug Rich, President

• Rick Bruno, VP of Sales and Marketing

• Headquarters: Piney Flats, TN, USA

• Number of Employees: Over 2,000 jobs planned to be created (no specific current number given)

• Revenue: No information is available

• Known For: A global leader in battery separator technologies specializing in both lithium-ion and lead-acid battery separators.

Products

Lithium-Ion Battery Separators

• Overview: Coated lithium-ion battery separators designed for electric vehicles (EVs), energy storage systems (ESS), and industrial use.

• Key Features:

• Ultra-thin, coated wet-process PE separators

• Thickness ranges from 5 to 16 µm with ceramic and polymer coatings

• IRA Section 30D Clean Vehicle Tax Credit compliant for North American manufactured battery components

Lead-Acid Battery Separators

• Overview: Designed for automotive, industrial, and backup system applications, providing reliability and enhancing battery life.

• Key Features:

• Focus on safety, durability, and efficiency

• Support various applications including automotive and renewable energy storage

Recent Developments

Recent Developments

• $100 Million Department of Energy Award:

• Secured to enhance domestic lithium-ion battery market and bolster U.S. energy independence.

• Acquisition: In 2024, Trent Capital Partners acquired full ownership of Microporous LLC, focusing on ultra-thin, wet process PE coated lithium-ion battery separators for the U.S. EV market.

New Products Launched

• IonForce Coated Lithium-Ion Battery Separators: Slated for launch in Piney Flats, TN, by Q1, 2025.

New Features Added

• No information is available

New Partnerships

• Partnership with Virginia and Investment Plans:

• Microporous plans to invest $1.35 billion to establish a new facility in Pittsylvania County, Virginia, creating over 2,000 jobs.

• Support from Federal Grants and Incentives:

• Eligible for state and local tax incentives along with a $100 million DOE grant and $160 million IRA Tax Credit.

Additional Company Information

History and Milestones

• Founded in 1934 by American Rubber Company, with significant milestones including advancement in separator patents and production capabilities over decades.

Strategic Locations

• Two main manufacturing facilities in Piney Flats, TN, USA, and Feistritz, Austria. A third facility is planned in Danville, Virginia, for lithium-ion separator production.

Market Impact

• Electric Vehicles & Renewable Energy:

• The company's battery separators are pivotal for advancing North America's lithium-ion battery market to reduce reliance on foreign supply chains.

Certification and Standards

• Facilities are ISO 9001 and ISO 14001 certified, indicating strong adherence to manufacturing and environmental standards.

For more details, visit Microporous' official website or contact their offices in Piney Flats, Tennessee, or Feistritz, Austria.