Advanced Electrolyte Technologies will manufacture formulated electrolytes for lithium-ion battery cell manufacturers in the energy storage market.

The formation of Advanced Electrolyte Technologies was first announced in July.

AET plans on constructing a manufacturing facility with the capacity of producing 5,000 tons of electrolytes per year at Dow’s Michigan Operations in Midland, Michigan.

Production startup for the new facility is expected in late 2012.

AET also has future plans to construct manufacturing facilities in China and Europe.

Dow Energy Materials senior business director David Klanecky said the JV is an opportunity to bring together Ube’s electrolyte technology with Dow’s global supply network and materials science expertise to enhance the performance of lithium-ion batteries.