Phil Energy, First Shipment from Plant 2... "Full-Scale Capacity Expansion"

Secondary battery equipment manufacturer Phil Energy announced on the 22nd that it is fully ramping up operations at its second factory. With a total production capacity (CAPA) of 500 billion KRW, its ability to respond to orders is also expected to improve. The second factory is equipped with a dry room, which is essential for manufacturing all-solid-state batteries, and it is anticipated to boost the next-generation battery business.

Phil Energy shipped its first product from the second factory the day before. The second factory has a total floor area of 17,000㎡ (approximately 5,143 pyeong). It is located right next to the headquarters in Osan-si, Gyeonggi-do. It was completed last month.

Phil Energy previously shared the first factory with its parent company, semiconductor and display equipment manufacturer Phil Optics. The first factory has a capacity of 250 billion KRW each for Phil Optics and Phil Energy. The second factory is exclusively for Phil Energy, doubling its existing capacity to 500 billion KRW.

Phil Energy’s decision to build the second factory was aimed at enhancing its order response capability. The company currently has an order backlog of 290 billion KRW. It secured about 160 billion KRW in orders in September last year. It also signed single sales and supply contracts worth 100 billion KRW each in November last year and March this year. Considering future expected orders and entry into the next-generation battery market, capacity expansion was inevitable.

The second factory goes beyond simply increasing production capacity. It is equipped with a dry room, which is essential for producing all-solid-state batteries, considered next-generation batteries. Phil Energy is now fully prepared to expand its business into next-generation batteries. A dry room is a space where the moisture level in the air is controlled below a certain threshold. Due to the material characteristics of all-solid-state batteries, which emit harmful gases when reacting with moisture, the dry room is considered crucial.

A Phil Energy official said, “There are not many domestic secondary battery equipment companies that have dry rooms,” adding, “Phil Energy plans to accelerate its next-generation battery business through the second factory.” The official also added, “Leveraging excellent technology and expanded production capacity, we will establish a leading position in both the 46-pie cylindrical battery and all-solid-state battery markets.”