TOKYO, Apr 18, 2018 - (JCN Newswire) - Showa Denko KK (SDK; TSE:4004) has established a wholly owned subsidiary, Showa Denko Battery Materials (Shanghai) Co., Ltd. (SDBM), to sell advanced battery materials and to strengthen the Company's battery materials business in China.

The market for lithium-ion batteries (LIBs) is rapidly expanding due to...